Intermodal Freight Up 4.7%; Total Shipments Top 4 Million
The growth of intermodal traffic accelerated in the third quarter, rising 4.7% to 4.01 million shipments, powered by a combination of improved domestic and international freight trends, the Intermodal Association of North America reported last week.
November 11, 2013Logistics Companies Growing Larger, Spurred by New Capital, Innovation
Logistics companies are undergoing a remarkable transformation, according to industry executives.
November 11, 2013Intermodal Rail Volume Rises to Highest Level on Record
The weekly average intermodal rail volume for October rose to the highest level on record, the Association of American Railroads reported.
November 8, 2013C.H. Robinson’s 3Q Earnings Decline
C.H. Robinson Worldwide Inc. reported third-quarter earnings fell 7.4% to $107.7 million, or 69 cents per share, from $116.3 million, or 72 cents per share a year ago, in the truckload segment.
November 6, 2013Expeditors’ 3Q Profit Rises 4%
Expeditors International of Washington’s third-quarter profit rose 4% from a year ago despite “volatility” in ocean and air markets, the company said.
November 5, 2013XPO Logistics Reports 3Q Loss
XPO Logistics’ third-quarter loss widened from a year ago, but revenue more than tripled.
November 5, 2013Trailer Orders Rise 3.5% to Highest Since April
New trailer orders in September were the strongest since April, and 3.5% higher than a year earlier as fleets continue to replace aging equipment, ACT Research and manufacturers said.
November 4, 2013TransForce to Buy Trucking Operations of Clarke
Canadian transportation firm TransForce Inc. said it has agreed to buy the two freight transportation subsidiaries of Clarke Inc., a Canadian holding company.
November 1, 2013Intermodal Rail Volume Grows 4.7% in Third Quarter
Total intermodal rail traffic grew 4.7% to 4 million containers in the third quarter, according to the Intermodal Association of North America.
November 1, 2013Consumer Confidence Drops to Six-Month Low; Business Inventories Rise
Consumer confidence declined in October to the lowest level in six months, the New York-based Conference Board said Oct. 29.
October 29, 2013