Intermodal Traffic Rises for Week
U.S. rail intermodal traffic increased 5.4% in the week ended Aug. 16 compared with the same week last year, the Association of American Railroads reported.
August 22, 2014Cargo Rates Trigger Shipper Backlash as US Rails Soar
After CSX Corp. raised rates for shipping specialty gas by 41% over three years, Diversified CPC International Inc. had to shutter a production line near Chicago.
August 21, 2014CMA Launches Duraturn Commercial Tires
Tire firm China Manufacturers Alliance said it has launched a new brand of commercial tires called Duraturn TBR.
August 20, 2014Maersk Raises 2014 Profit Forecast on Container Increase
A.P. Moeller-Maersk A/S raised its full-year profit forecast after the company’s container-shipping line, the world’s largest, said earnings are rising because of higher freight volumes and lower costs.
August 19, 2014Import Volume Expected to Hit Record High in August
Import volume at U.S. container ports is expected to hit an all-time high in August as retailers rush to bring in holiday merchandise on concerns about West Coast longshoremen’s contract negotiations, according to the National Retail Federation.
August 12, 2014Roadrunner to Acquire Logistics Firm Active Aero
Roadrunner Transportation Systems Inc. said it agreed to acquire the logistics company Active Aero Group from Aero's parent company, Platinum Equity for $115 million.
August 11, 2014Truck-Rail Shipments Rise in 2nd Quarter, IANA Says
Intermodal volume rose 8.2% in the second quarter from a year earlier, an indication the industry is recovering from the double blow it took from a harsh winter and contracted economy, the Intermodal Association of North America reported last week.
August 11, 2014Insufficient Route Planning, Escort Failure to Blame For Skagit River Bridge Failure, Investigation Finds
Insufficient motor carrier route planning, a failure by a pilot/escort to warn of potential hazards and inadequate evaluation of oversize load permit requests by state officials were the probable causes of an oversize truck strike that brought down the Interstate 5 Skagit River Bridge in Washington state, according to a final investigation report of the National Transportation Safety Board.
August 8, 2014Intermodal Rail Volume Rises 5.5% in July
Intermodal rail volume for July rose 5.5% compared with the same time last year, the Association of American Railroads reported.
August 8, 2014Expeditors’ Profit Dips in Second Quarter
Expeditors International of Washington’s second-quarter profit dipped 1%, but revenue increased.
August 5, 2014