Logistics

The head of the Canadian Trucking Alliance said he hopes the nation will develop a greenhouse-gas rule that reflects unique operations there and is not simply a clone of the U.S. proposal that is expected to be finalized next year.

XPO Logistics said it has agreed to acquire Con-way Inc. for $3 billion to broaden its supply chain offerings into less-than-truckload and U.S. truckload freight and create a company with annual revenue of $15 billion.

Several startups have sprung up to help manage the complicated flow of data involved with the movement of goods.

Weekly U.S. intermodal rail traffic rose 17% from the same period last year, the Association of American Railroads reported.

Logistics provider National Retail Systems Inc. launched a zero-emission electric drayage operation for Ikea Distribution Services North America in Los Angeles.

Norfolk Southern Corp. has introduced new locomotives with lower emissions for freight yard service in the Atlanta area.

French firm CMA CGM, the second-largest container carrier, reported a sharp increase in second-quarter results.

U.S. railroads may not be obligated under federal law to carry freight including crude oil and hazardous materials starting Jan. 1 if they fail to meet a year-end deadline for implementing new train safety technology, according to a top federal regulator.

U.S. rail intermodal traffic increased 3.6% in August compared with the same month the prior year, the Association of American Railroads reported.