Consumer Confidence Falls to 31-Year Low
Consumer confidence plummeted in August to its lowest level since May 1980, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
August 12, 2011Daily 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.
Equity Firm Buys ADS Logistics
Linx Partners has acquired ADS Logistics Co., a provider of trucking, warehouse and intermodal services to the metals industry.
August 12, 2011MIQ Acquires UK Logistics Company
MIQ Logistics said it has acquired The Logistics Corp., a retail logistics company based in the United Kingdom. Terms were not disclosed.
August 12, 2011Intermodal Volume Rises 6.5% in Second Quarter
Intermodal traffic volume rose 6.5% in the second quarter, the Intermodal Association of North America said.
August 10, 2011UniGroup Announces New Logistics Company
Transportation provider UniGroup Inc. has introduced a new logistics company, UniGroup Worldwide Logistics.
August 8, 2011Broker Echo Global Logistics in Expansion Mode, CEO Says After 11th Deal Since 2007
Freight brokerage firm Echo Global Logistics is involved in an expansion strategy through acquisition, the CEO of the Chicago-based company said in an interview.
August 8, 2011June Trailer Orders Up 6%
The more than year-long surge in orders for new trailers showed signs of leveling off in June, increasing just 6% from 2010 levels, compared with an overall 65% gain over the first half of 2011, ACT Research Co. said.
August 8, 2011FreshStart Logistics Teams With Datatrac
FreshStart Logistics, a maker of transportation technology products, is partnering with counterpart Datatrac Corp.
August 5, 2011FedEx Completes Acquisition of Mexico’s MultiPack
FedEx Corp. said it has completed the acquisition of Mexico’s Servicios Nacionales Mupa S.A de C.V., or MultiPack.
August 5, 2011Intermodal Traffic Rises 3.3% for Week
Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.
August 5, 2011