So. California Intermodal Yard Advances After Port of L.A. Clears BNSF Project
BNSF Railway’s intermodal container project in Southern California took a step forward late last month, when a revised environmental impact statement was issued that supports construction of the $500 million project.
October 11, 2012Shippers Adjust Capacity as Global Trade Slows
ATLANTA — A slowdown in global trade is forcing shippers and carriers to make adjustments in inventory and freight hauling capacity, transportation and supply chain experts said at the Council of Supply Chain Management Professionals annual conference here last week.
October 8, 2012Intermodal Traffic Gains 2.5% for Week
U.S. intermodal traffic rose 2.5% last week over the same week a year ago, the Association of American Railroads reported.
October 5, 2012XPO Logistics Raises Funds, Says Results to Lag Forecasts
XPO Logistics, which recently completed $125 million in additional financing, said that its third-quarter results will not match analysts’ expectations.
October 4, 2012Universal Buys Logistics Firm for $335 Million
Universal Truckload Services said it has completed the purchase of third-party logistics firm LINC Logistics for $335 million.
October 3, 2012C.H. Robinson Sets New Chemical Logistics Unit
C.H. Robinson Worldwide said Monday it has formed a new ChemSolutions division to provide logistics services to chemical manufacturing and distribution customers.
October 1, 2012Trailer Orders Rise 15%, Ending String of Monthly Drops
Trailer orders rose 15% in August from a year earlier, ACT Research reported, reversing a recent pattern of decline and fueling hope that the traditionally strong fourth quarter order pace will occur again this year.
October 1, 2012More Universities Seek Industry Sponsors to Finance Transport Research, Experts Say
With federal funding of transportation research facing political and budgetary pressures, many schools and research institutions are turning to industry to support research ranging from alternative fuels to electronic networks that connect vehicles and roadway infrastructure in ways that could lead to fewer and less severe crashes, according to industry experts and academic sources.
October 1, 2012Intermodal Traffic Gains 0.7% for Week
U.S. intermodal traffic rose 0.7% last week over the same week a year ago, the Association of American Railroads reported.
September 28, 2012Radiant Logistics’ Fiscal 4Q Profit Rises
Third-party logistics company Radiant Logistics’ fiscal fourth-quarter net income rose from a year ago.
September 27, 2012