Intermodal Rail Traffic Rises 8.2% for Week
U.S. rail intermodal traffic increased 8.2% in the week ended Jan. 18 compared with the same week last year, the Association of American Railroads reported.
January 24, 2014Forward Air to Buy Central States Trucking
Forward Air Corp. said it will buy Central States Trucking Co. for $95.6 million.
January 24, 2014FTA’s Rogoff Named Acting Undersecretary at DOT
Federal Transit Administrator Peter Rogoff is filling the position of undersecretary for policy at the U.S. Department of Transportation on an acting basis, Bloomberg News reported.
January 24, 2014Con-way Freight Deploys Nat-Gas Freightliners
Con-way Freight has started to add Freightliner Cascadia natural gas-powered trucks to its fleet, according to Freightliner parent Daimler Trucks North America.
January 24, 2014President of NGVAmerica to Retire
Richard Kolodziej, president of NGVAmerica for 18 years, will retire after a replacement is selected by the board of directors, the association said.
January 23, 2014Safety Boards Fault Rail Hazmat Standards in US, Canada
The U.S. National Transportation Safety Board and the Transportation Safety Board of Canada issued recommendations Jan. 23 to improve the transportation of crude oil by rail on both sides of the border.
January 23, 2014Union Pacific’s Profit Rises on Volume Growth
Union Pacific Corp. said it had the best fourth-quarter and full-year results in company history as volume grew for the first time in six quarters.
January 23, 2014Existing Home Sales Rise in December
Existing home sales increased 1% in December, the first rise in four months, the National Association of Realtors said Jan. 23.
January 23, 2014Index of Leading Economic Indicators Rises in December
An index of leading economic indicators increased 0.1% in December after a 1% rise in November that was higher than originally reported, the New York-based Conference Board said Jan 23.
January 23, 2014J.B. Hunt Transport Earnings Rise
J.B. Hunt Transport Services Inc. reported that its fourth-quarter net income rose 9.4% to $91.9 million, or 77 cents per share, helped by stronger intermodal, brokerage and dedicated freight business.
January 23, 2014