April Trailer Orders Rise 12% After 3 Straight Monthly Drops
Trailer orders staged a comeback last month after three straight monthly declines, climbing 12% above both the year-earlier month and March, as fleets stepped up the pace of replacing older equipment, ACT Research reported.
May 28, 2012Daily 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.
Intermodal Traffic Rises 3.1% for Week
U.S. intermodal traffic rose 3.1% for the week ended Saturday from a year ago, the Association of American Railroads said.
May 25, 2012Consumer Confidence Reaches Highest Since 2007
Consumer confidence rose in May to the highest level in nearly five years, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
May 25, 2012Strike Halts CP Rail Freight in Canada
Canadian Pacific Railway suspended its freight service across Canada after engineers, conductors and other workers went on strike, the Canadian Press reported Wednesday.
May 23, 2012LTL Carriers Hope Conference Committee Will Revive Pup-Trailer Expansion Plan
A House-Senate conference committee working to draft a compromise long-term highway bill may resurrect a proposal to allow longer tandem pup trailers that had been considered dead after the House bill that included it was dropped.
May 21, 2012Caterpillar Sells Majority Interest in 3PL to Private Equity Firm for $750 Million
Caterpillar Inc. has agreed to sell a majority interest in its third-party logistics business to privately held Platinum Equity for about $750 million, while retaining its in-house international network to support its dealers and customers.
May 21, 2012Intermodal Traffic Rises 3.1% for Week
U.S. intermodal traffic rose 3% for the week ended Saturday from a year ago, the Association of American Railroads said.
May 18, 2012XPO Logistics Moves HQ to Connecticut
XPO Logistics Inc. said Tuesday it moved its corporate headquarters to Greenwich, Conn., from Buchanan, Mich.
May 16, 2012Schneider, Pacer Sign New Rail Agreements
Schneider National and Pacer International have announced new intermodal agreements with rail carriers.
May 14, 2012Editorial: Life Is Good
There was some interesting advice offered by two of our industry’s best-known economists last week to fleet executives who were attending the National Tank Truck Carriers annual conference in San Francisco.
May 14, 2012