Railroad Involved in Quebec Crash Expects to Win Approval to Keep Operating
The railroad involved with last month’s railcar crash in Quebec that killed 47 people said it expects to win approval to keep operating, Bloomberg News reported.
August 20, 2013U.S. to Remain Key Driver for Growth, Says Largest Shipping Line
A.P. Moeller-Maersk A/S, owner of the world’s largest shipping line, said the United States will continue to be an important driver for growth, even as emerging markets show potential, Bloomberg News reported.
August 20, 2013XPO Completes Acquisition of 3PD
XPO Logistics said Monday it has completed its previously announced acquisition of supply chain services company 3PD Inc. for about $365 million.
August 19, 2013Consumer Confidence Declines in August
Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
August 16, 2013Intermodal Traffic Rises 6.1% for Week
Intermodal volume rose 6.1% for the week ended Saturday from the same week a year ago, the Association of American Railroads reported.
August 16, 2013TSE Acquires Chicago Logistics Firm
Transportation Solutions Enterprises said Tuesday it has acquired Chicago-based logistics firm The Treppel Group LLC. Terms were not disclosed.
August 13, 2013Flatbed Manufacturers Introduce New Models as Demand Picks Up After Prolonged Recession
Manufacturers of flatbed trailers say they are increasing production and rolling out new models to help haulers meet their customers’ rising demands as business picks up following the prolonged economic recession.
August 12, 2013Domestic Intermodal Up 9%, Fueled by East Coast Growth
A 9% surge in domestic container shipping, fueled by growth in the eastern United States, led to 2.4% overall growth in intermodal shipping during the second quarter, according to a new report.
August 12, 2013Bill Would Ban Double-Decker Trailers for Interstate Transportation of Horses
Legislation introduced in the U.S. Senate last week would make illegal the interstate transportation of horses in double-decker trailers.
August 12, 2013Intermodal Traffic Rises for Week, Posts Record Weekly Average in July
U.S. rail intermodal traffic rose 4.8% for the week ended Saturday from the same week a year ago and posted the highest weekly average for any July on record, the Association of American Railroads said.
August 9, 2013