Consumer Confidence Falls as Gas Prices Start to Rise
Consumer confidence fell in February as gas prices started to rise from a six-year low and damped Americans’ optimism about the economy.
February 13, 2015Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
CSX Names Oscar Munoz as President
CSX Corp. said its board of directors unanimously elected Oscar Munoz as president, effective immediately, and that he will remain chief operating officer.
February 12, 2015Intermodal Rail Traffic Dips 3.3% for Week
U.S. rail intermodal traffic declined 3.3% in the week ended Feb. 7 compared with the same week last year, the Association of American Railroads reported.
February 11, 2015XPO Acquires UX Logistics for $59 Million
XPO Logistics announced that it has paid $59 million to acquire UX Specialized Logistics, which makes last-mile deliveries for retail chains and online retailers.
February 10, 2015California Court Awards $2.2 Million in Ruling for Pacer Cartage Drivers
A California state court has awarded seven drayage drivers for an XPO Logistics subsidiary $2.2 million in an ongoing battle over worker classification, which could intensify with further legal action.
February 9, 2015Union Pacific Promotes Lance Fritz to CEO
Union Pacific announced that it has promoted Lance Fritz to CEO from chief operating officer, succeeding John Koraleski, who was named executive chairman.
February 6, 2015Intermodal Rail Traffic Rises to Record Level in January
Intermodal rail traffic rose to an average of 251,267 units per week in January, the highest weekly average for the month on record, the Association of American Railroads reported.
February 5, 2015Cardinal Logistics Appoints Tom White as Chairman
Cardinal Logistics Management Corp. announced it appointed Tom White as executive chairman.
January 30, 2015Weekly Intermodal Rail Traffic Rises, Following First Decline in 11 Months
U.S. rail intermodal traffic increased for the week ended Jan. 24, after the first decline in 11 months, the Association of American Railroads reported.
January 28, 2015Trailer Orders Jump to Record Level in 2014
New trailer orders jumped in December to the second-highest level on record, rounding out the trailer industry’s best year for order placement, according to ACT Research.
January 28, 2015