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Logistics News
Business, Logistics

North American Intermodal Freight Declines for First Time Since 2009

Intermodal freight shipments fell 6.1% in the second quarter, ending 25 consecutive year-over-year increases, hurt by fewer international and trailer shipments, the Intermodal Association of North America reported.

August 3, 2016
Business, Logistics

Expeditors International of Washington Reports 1.5% Drop in Profits

Logistics provider Expeditors International of Washington reported second-quarter profits fell 1.5% compared to the same period last year due to lower yields from airfreight and ocean freight operations.

August 2, 2016
Logistics

Norfolk Southern, Canadian National Earnings Slip in Second Quarter

Weaker energy-related freight shipments led two more North American railroads to report lower second-quarter earnings, including a decline of 6% at Norfolk Southern Corp. and 3% at Canadian National Railway.

July 27, 2016
Business, Logistics

TransForce Pursues US Truckload Acquisition

Canadian company TransForce Inc. is actively seeking a substantial U.S. truckload market acquisition, CEO Alain Bedard said on a conference call  during which the diversified freight and package carrier reported lower second-quarter earnings.

July 25, 2016
Business, Logistics

Swift Lawsuit Reinstated; Marten Case Dismissed

A class-action lawsuit filed by more than 80,000 drivers against Swift Transportation has been reinstated after a ruling from the Arizona Court of Appeals, but another lawsuit against Marten Transport was dismissed by the U.S. Court of Appeals.

Ari Ashe | Staff Reporter
July 25, 2016
Business, Logistics

US Trailer Orders Tumbled in June

June’s sharp plunge in U.S. trailer orders reflected increased cancellations, caution on the part of fleets over placing new orders and a very strong comparable month the year before, analysts said.

Roger Gilroy | Senior Reporter
July 22, 2016
Business, Logistics

Union Pacific, Canadian Pacific Earnings Slump; Kansas City Southern Gains

Union Pacific Corp. and Canadian Pacific Railway Ltd. this week reported second-quarter net income fell 19% and 16% respectively in a weak rail freight market, while smaller carrier Kansas City Southern raised net income 7% with help from a tax credit.

Thomas Black | Bloomberg News
July 21, 2016
Business, Logistics

AFN Logistics Buys LTL, TMS Assets From HA Logistics

Brokerage and supply chain operator AFN Logistics announced the purchase of less-than-truckload and transportation management system assets from HA Logistics Inc. to expand the buyer’s service capabilities.

July 20, 2016
Business, Logistics

After Some Opposition, CSX to Build $272 Million Rail Hub in North Carolina

While opposition from Johnston County landowners stalled a proposed CSX container hub, Rocky Mount, North Carolina, economic development officials quietly pieced together 700 acres willing to take on the project.

Drew Jackson | The News & Observer (Raleigh, N.C.)
July 20, 2016
Business, Logistics

Charlotte Getting Direct Intermodal Rail Service to Port of Wilmington

CSX is launching a new intermodal rail service between the Port of Wilmington and the railroad’s terminal in Charlotte, North Carolina, boosting the city’s status as a transportation hub, company and state officials said July 19.

Rachel Stone | The Charlotte (N.C.) Observer
July 20, 2016
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