Intermodal Traffic Gains 6.4% for Week
Intermodal traffic rose 6.4% last week from a year ago, the Association of American Railroads reported.
June 17, 2011ATA’s Abbott Named to FMCSA Safety Panel
Rob Abbott, American Trucking Associations’ vice president of safety policy, has been named to the Federal Motor Carrier Safety Administration’s motor carrier safety advisory committee, FMCSA said Friday.
June 17, 2011Leading Indicators Rebound in May
An index of leading economic indicators rebounded in May, climbing 0.8% after dropping for the first time in almost a year, the New York-based Conference Board said Friday.
June 17, 2011Express-1 Gets $150 Million Buyout Offer
An investor announced plans this week to take control of Express-1 Expedited Solutions, in order to expand the brokerage and forwarding business.
June 17, 2011Descartes Systems Buys Telargo for C$9.6 Million
Descartes Systems Group, a supplier of logistics technology, has acquired Telargo Inc. for about C$9.6 million in cash.
June 17, 2011Geodis Wilson Buys One Source Logistics
Dutch freight forwarder Geodis Wilson has acquired U.S. logistics provider One Source Logistics to expand its U.S. presence.
June 17, 2011Opinion: Fight Fuel Prices With Side Skirts
The average price of a gallon of diesel fuel the week of June 6 was 18% higher than it was at the beginning of this year, according to the U.S. Energy Information Administration, and the June 6 price of that fuel in California was 20% higher.
June 17, 2011Oil Holds Under $95 a Barrel
Oil rose 14 cents Thursday, holding under $95 a barrel a day after falling to the lowest closing price in almost four months, Bloomberg reported.
June 16, 2011Vigillo Creates New Division
Vigillo LLC, which offers reports CSA scorecards to truckers, brokers and shippers, said it has created a new data mining software division called IQLab to meet demand for custom reporting and analytics.
June 16, 2011Philadelphia Manufacturing Index Falls Sharply
Manufacturing activity in the Philadelphia region slowed dramatically in June, the Federal Reserve Bank of Philadelphia said Thursday.
June 16, 2011