New Trailer Registrations Surge, Led by Dry-Van Replacements
Booming dry-van sales led to a surge in U.S. trailer registrations in the third quarter, as buyers registered 35% more new trailers than in the corresponding period of last year, R.L. Polk & Co. reported.
December 6, 2010Swift Plans to Raise $1.01 Billion in Largest IPO for Truckload Carriers
Swift Holdings Corp., the new corporate name for carrier Swift Transportation, said it plans to raise as much as $1.01 billion this month in an initial public offering of shares that could be the largest ever for a truckload fleet.
December 6, 2010Intermodal Traffic Gains 10.8% for Week
Intermodal traffic increased 10.8% last week from the same week last year, the Association of American Railroads reported.
December 3, 2010Swift IPO Set for This Month Could Top $1 Billion
Swift Holdings Corp. said it plans to raise as much as $1.01 billion in an initial public offering this month that could be the largest ever for a truckload fleet.
December 2, 2010Consumer Confidence Improves in November
Consumer confidence rose in November, the New York-based Conference Board said Tuesday.
November 30, 2010Intermodal Traffic Increases 10.6% for Week
Intermodal traffic rose 10.6% last week from the same week last year, the Association of American Railroads reported.
November 24, 2010Consumer Confidence Hits Five-Month High
Consumer confidence increased this month, according to the monthly Thomson Reuters/University of Michigan consumer sentiment index released Wednesday.
November 24, 2010Intermodal Traffic Rises 11.9% for Week
Intermodal traffic rose 11.9% last week from the same week last year, the Association of American Railroads reported.
November 19, 2010Trailer Bridge’s 3Q Income Declines
Trailer Bridge Inc.’s third-quarter income fell to $6,876, or zero cents per share, from $1.7 million, or 14 cents, a year ago.
November 16, 2010TT Logistics 50: Shippers Seek Ways to Meet Market Demands, Deal With Capacity Constraints by Using 3PLs
Demand for logistics services is on the rise after falling sharply in 2009, as shippers look for ways to meet shifting market demand and deal with looming constraints in freight-hauling capacity.
November 15, 2010