Logistics News
Timeline: Major Mergers and Acquisitions From 2010-2015
$36.7 billion has been spent to acquire logistics companies in North America, according to data from Armstrong and Associates. And industry and investment experts believe that the buying is just getting started.
April 13, 2015Mergers, New Investment Drive Consolidation Within Rapidly Growing Logistics Industry
An influx of new investment and surge in mergers and acquisitions are driving consolidation among logistics service providers and reshaping the industry鈥檚 landscape.
April 13, 2015TT's Top 50 Logistics Companies: A Sneak Peek at 2015 Rankings
An influx of new investment and surge in mergers and acquisitions are driving consolidation among logistics service providers and reshaping the industry鈥檚 landscape.
April 8, 2015Weekly Intermodal Rail Traffic Rises as Carloads Decline
U.S. rail intermodal traffic rose 3.8% in the week ended April 4 compared with the same week last year as carloads declined, the Association of American Railroads reported.
April 8, 2015Daimler Trucks North America Recalling Some Model-Year 2015 Freightliner, Western Star Trucks
Daimler Trucks North America is recalling some model-year 2015 Freightliner and Western Star trucks due to a possible brake problem, the National Highway Traffic Safety Administration said in a recall announcement.
April 8, 2015Shell Will Buy BG Group for $70 Billion in Cash and Shares
Royal Dutch Shell agreed to buy BG Group Plc for about聽$70 billion (47 billion pounds) in cash and shares, the oil and gas industry鈥檚 biggest deal in at least a decade.
April 8, 2015Diesel Average Hits Five-Year Low
Diesel鈥檚 national average retail price fell to a five-year low, dropping 4 cents to $2.824 a gallon, the Department of Energy reported.
April 6, 2015Intermodal Rail Traffic Rises to 2007 Level in March
Intermodal rail traffic rose to a weekly average of 550,291 units in March, the highest weekly average for the month since 2007, the Association of American Railroads reported.
April 1, 2015Consumer Confidence Rises to Second-Highest Since 2007
Consumer confidence increased in March to the second-highest level since August 2007 as Americans grew more upbeat about the outlook for the labor market and incomes.
March 31, 2015Diesel Falls 5.3垄 to $2.864 in Second Weekly Price Drop
Diesel鈥檚 national average price dropped 5.3 cents to $2.864 a gallon, the second consecutive weekly decline after five straight increases, the Department of Energy reported March 23.
March 30, 2015