LinkAmerica to Merge with Arnold Transportation
Arnold Transportation Services said that truckload and logistics firm LinkAmerica Corp. will merge with Arnold at the beginning of the year.
December 6, 2012UTi Worldwide’s 3Q Profit Declines
UTi Worldwide said Thursday its third-quarter net income fell to $10.5 million, or 10 cents a share, from $28.5 million, or 28 cents, a year earlier.
December 6, 2012Transplace Acquires Canadian Logistics Company
Transplace said it has acquired Canadian logistics company Torus Freight Systems. Terms were not disclosed.
December 5, 2012Trailer Orders Rise 29.1% as Year-End Rush Begins Early
Orders for new freight trailers jumped 29.1% in October from the same month in 2011, the highest monthly total since January, as the end-of-year rush appeared to arrive early, ACT Research reported. Sales totaled 23,597.
December 3, 2012Consumer Confidence Rises to Four-Year High
Consumer confidence rose to a four-year high in November, the New York-based Conference Board said Tuesday.
November 27, 2012APL Logistics Acquires Carmichael International
APL Logistics said it has acquired U.S. Customs brokerage firm Carmichael International Service. No terms were disclosed.
November 27, 2012Truck-Rail Intermodal in Midst of Boom, But Can Grow More, Industry Execs Say
ANAHEIM, Calif. — The truck-rail intermodal market, on pace for a record year, has a realistic chance to grow even faster in the near future with truckers as the driving force, several industry officials and observers said.
November 26, 2012Future Chassis Supply Uncertain for Intermodal
ANAHEIM, Calif. — Uneasiness is mounting about the future supply of intermodal chassis because no single source has yet emerged to supply equipment, freight industry executives said.
November 26, 2012Intermodal Traffic Gains 2.4% for Week
U.S. rail intermodal traffic rose 2.4% last week over the same week a year ago, the Association of American Railroads said.
November 21, 2012Consumer Confidence Rises in November
Consumer confidence rose in November, according to the Thomson Reuters/University of Michigan consumer sentiment index released Wednesday.
November 21, 2012