U.S. rail intermodal traffic increased 6.7% in the week ended April 26 compared with the same week last year, the Association of American Railroads reported.
May 2, 2014
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Logistics News
Business, Logistics
March Trailer Orders Soar 71.6%, ACT Says
Trailer orders surged 71.6% in March from a year earlier as freight growth, tight capacity and improving carrier profits continued to drive demand for new equipment, ACT Research reported.
May 5, 2014Business, Logistics
Weekly US Intermodal Rail Traffic Rises 6.7%
Business, Logistics
XPO Loss Widens; Revenue Jumps
XPO Logistics Inc. reported a first-quarter loss that nearly doubled from the same period last year, as revenue rose at the company.
May 2, 2014Safety, Business, Logistics
CSX Derailment Could Boost Crude Train Regulation
A CSX Corp. train derailment in Lynchburg, Virginia, on April 30 that sparked a fire when crude oil tanks ignited could increase pressure on regulators, railroads and tank-car owners to improve oil shipment safety.
May 1, 2014Business, Logistics
Wabash National’s 1Q Earnings Rise 27%
Trailer maker Wabash National Corp. reported its first-quarter net income jumped 27% as demand for new trailers strengthened.
April 29, 2014Business, Logistics
March Trailer Orders Surge 71.6%
Strong demand for new trailers continued in March as order activity surged 71.6% from the same month a year ago, ACT Research reported.
April 29, 2014Business, Government, Logistics
Consumer Confidence Dips in April
Consumer confidence declined in April, the New York-based Conference Board said.
April 29, 2014Business, Logistics
Canadian Trucking Firms Report 1Q Income Drops Due to Harsh Winter
Canadian firms TransForce Inc. and Mullen Group reported lower first-quarter net income due in part to harsh winter weather.
April 29, 2014Business, Logistics
BNSF, CP Pledge to Provide Trains to Ship Fertilizer to US Farmers
The two main railroads serving the oil-producing states in the Upper Midwest have pledged to dedicate enough equipment to get adequate fertilizer shipments to farmers there in time for spring planting.
April 28, 2014Business, Logistics
Swift Reports Lower First-Quarter Profit
Swift Transportation Co. reported its first-quarter net income fell 59% to $12.3 million, or 9 cents per share, as winter weather drove down profits.
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