Intermodal Rail Traffic Rises 3.4% for Week
Intermodal rail volume rose 3.4% for the week ended Sept. 21 from the same week a year ago, the Association of American Railroads reported.
September 27, 2013I-43 Bridge in Wisconsin Closed Due to Sagging
A bridge on Interstate 43 in Green Bay, Wis., will remain closed indefinitely after a support pier settled, causing the roadway to sag about 2 feet, the Associated Press reported.
September 26, 2013Equity Firm Buys HomeDirect
Platinum Equity said it has acquired home-delivery service HomeDirect Inc., with plans to merge it with another company it purchased earlier this year.
September 26, 2013Rush to Buy Midwest Truck Dealerships
Rush Enterprises Inc. said it has agreed to buy several truck dealerships in Illinois and Indiana.
September 26, 2013Boxer Proposes Eliminating, Replacing Fuel Tax
The chairwoman of the Senate committee that will write the next highway bill said she wants to end the per-gallon federal fuel taxes Americans pay at the pump.
September 26, 2013Knight Offers to Acquire USA Truck
Knight Transportation has offered to buy fellow truckload carrier USA Truck for $9 a share, an offer USA Truck said undervalues the company.
September 26, 2013TransForce Bids for Vitran’s Canadian Operations
Canadian transportation firm TransForce Inc. said it has offered to buy the Canadian operations of Vitran Corp., which is planning to sell its United States business to company owned by trucking magnate Matthew Moroun.
September 26, 2013ATRI Launches Carrier Survey on HOS Rule
The American Transportation Research Institute is soliciting input from trucking companies on the effects of the latest changes to the federal government’s hours-of-service rule for truck drivers.
September 26, 2013Jobless Claims Falls by 5,000 For Week
Initial jobless claims declined by 5,000 last week, the Labor Department reported Sept. 26.
September 26, 2013Carriers Predict Increases in Volumes, Rates, TCP Says
Most trucking officials are optimistic that freight volumes will grow and companies will be able to increase their rates, consulting firm Transport Capital Partners said.
September 25, 2013