Weekly Intermodal Rail Traffic Drops 1.7%
Weekly U.S. intermodal rail traffic dropped 1.7% from the same period last year, the Association of American Railroads reported.
November 30, 2015Carriers Utilize Specialized Equipment to Remove Snow, Ice From Trailer Tops
Heavy snow and ice buildup on trucks and trailers can sap fuel economy, add weight, damage the equipment and even create a safety hazard if it breaks loose on the road. To avoid these risks, trucking companies are using a variety of specialized snow-removal systems to clear the tops of their vehicles.
November 30, 2015October Trailer Orders Top 33,000
New trailer orders totaled 33,400 in October, the second strongest figure in 2015 despite dropping 30% from the same month a year earlier, which was the highest on record, ACT Research reported.
November 30, 2015DHL Express Announces 4.9% Rate Hike in 2016
Package carrier DHL Express on Nov. 19 announced a 4.9% average rate increase for U.S. customers next year, matching the direction of package pricing adjustments by UPS Inc. and FedEx Corp.
November 23, 2015Canadian Pacific Makes $28.1 Billion Offer for Norfolk Southern in Consolidation Move
Canadian Pacific Railway Ltd. last week presented Norfolk Southern Corp. with an acquisition offer worth at least $28.1 billion, rekindling the fires of rail consolidation that have been dormant since 1999.
November 23, 2015Intermodal Rail Volume Continues Slide with Fourth Consecutive Decline
Weekly U.S. intermodal rail traffic declined for the fourth consecutive week from the same period last year, according to the Association of American Railroads.
November 19, 2015Manufacturers Highlight Freight, Trucking Productivity While Urging Passage of Highway Bill
The National Association of Manufacturers is urging transportation leaders to quickly advance a multiyear highway reauthorization bill that boosts investments in freight transportation, and trucking productivity.
November 17, 2015Top Container-Leasing Firms Agree to Merge
Triton Container International and TAL International Group have agreed to a merger, creating the world’s largest lessor of intermodal shipping containers with a combined fleet of nearly 5 million 20-foot equivalent units and revenue earning assets of $8.7 billion.
November 17, 2015Savannah Cargo Volume Rises 3% in October
Shipments rose 3% last month at Savannah, Georgia, the nation’s fourth-largest container port, as shipment growth continued at the second-busiest port on the Atlantic Coast, the Georgia Ports Authority reported.
November 17, 2015Alkane to Build Class 7 Cabover Fueled by Propane or Natural Gas
Alkane Truck Co. announced that it will begin production in early 2016 on a Class 7 cabover truck powered by either liquid propane autogas or compressed natural gas.
November 16, 2015