Norfolk Southern to Cut Back Triple Crown Unit, Reduce Costs
Norfolk Southern Corp. announced it would restructure its truck/rail business known as Triple Crown Services, or TCS, and cut costs by moving to convert most of that unit’s intermodal freight to container equipment.
September 18, 2015Mark Rourke Named Executive VP, COO at Schneider
Schneider has named Mark Rourke executive vice president and chief operating officer for the Green Bay, Wisconsin-based trucking and logistics service provider.
September 17, 2015Donald Maltby Named Hub Group President
Hub Group named Donald Maltby as president and chief operating officer, replacing Mark Yeager, who resigned on Aug. 8.
September 16, 2015Intermodal Rail Traffic Drops 13.3% for Week
Weekly U.S. intermodal rail traffic dropped 13.3% from the same period last year, the Association of American Railroads reported.
September 16, 2015The List: Transport Topics' Top 50 Global Freight Carriers
Here is a list of the Top 50 Global Freight Carriers, which ranks trucking, rail, air and ocean carriers by 2014 freight revenue.
September 16, 2015Rail Trade Group Changes Name, Strategy
The Consumers United for Rail Equity trade group, which has been lobbying for changes in rail pricing and service for more than three decades, has been renamed the Freight Rail Customer Alliance in an effort to broaden its membership and focus.
September 14, 2015Schneider Adds US-Canada Intermodal Service
Schneider added intermodal service between the Southeast and Montreal over a more direct route.
September 14, 2015XPO to Purchase Con-way
XPO Logistics Inc. last week agreed to buy Con-way Inc. for $3 billion — the highest price ever paid for a U.S. trucking company — to broaden its service offerings and leap into the less-than-truckload market.
September 14, 2015Top Truck Technicians to Go Wrench-to-Wrench in National Championship at TMC Fall Meeting
The Technology & Maintenance Council will host its Fall Meeting and SuperTech event Sept. 21-24 in Orlando, Florida.
September 14, 2015Analysts View XPO’s Latest Transaction as a Reversal of Fortune for Con-way
Investment analysts and observers greeted the news that XPO Logistics acquired Con-way Inc. for $3 billion as a likely positive step for both companies, but especially for beleaguered Con-way.
September 14, 2015