TransForce Wraps Purchase of Vitran
TransForce Inc. said it has completed its acquisition of Canadian less-than-truckload carrier Vitran Corp.
March 27, 2014Heil Plans to Re-Enter Stainless-Steel Trailer Market
LOUISVILLE, Ky. — Heil Trailer International announced plans to re-enter the market for stainless steel tank trailers as part of an effort to expand and diversify the market for the company’s products.
March 26, 2014Obama Signs Bill Easing Restrictions for Propane Delivery
President Obama has signed into law legislation intended to help provide emergency relief during the propane and home-heating fuels crisis.
March 24, 2014February Trailer Orders Jump 67.6%
February trailer orders jumped 67.6% from a year ago as fleets moved forward with equipment purchasing plans amid tightening capacity and higher freight demand, ACT Research reported.
March 21, 2014Ocean Shipper Horizon Lines Reports 4Q Loss
Ocean shipper Horizon Lines reported a fourth-quarter loss of $14 million, or 36 cents a share, compared with a loss of $17.9 million, or 52 cents, a year earlier.
March 21, 2014Intermodal Rail Traffic Jumps 11.9% for Week
U.S. rail intermodal traffic increased 11.9% in the week ended March 15 compared with the same week last year, the Association of American Railroads reported.
March 21, 2014Coyote Logistics, Access America to Merge
Third-party logistics providers Coyote Logistics and Access America Transport announced a merger to create one of the nation’s largest freight brokers with annual gross revenue exceeding $2 billion as consolidation continues in that industry.
March 19, 2014Largest Chassis Providers Propose Plans to Pool Equipment, Offer Drayage Service
New strategies proposed by the three largest intermodal equipment providers to cope with the ongoing chassis market evolution could create new opportunities — or challenges — for drayage carriers.
March 17, 2014Senate Passes Bill to Extend HOS Exemptions for Propane Haulers Through May
The Senate unanimously passed a bill March 13 to exempt propane truckers from hours-of-service regulations through May, sending the bill to President Obama for his consideration.
March 14, 2014Intermodal Rail Traffic Rises 3.7% for Week
U.S. rail intermodal traffic increased 3.7% in the week ended March 8 compared with the same week last year, the Association of American Railroads reported.
March 14, 2014