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, 2015Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Intermodal 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聽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聽announced that聽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,聽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鈥檚 best year聽for order placement, according to ACT Research.
January 28, 2015Nev. DOT Hires Consultant for Freight Plan; State Sees Logistics as Economic Development Tool
Nevada鈥檚 Department of Transportation commissioned consulting firm Michael Gallis & Associates to prepare a freight plan that could help the state enlarge and diversify its economy.
January 27, 2015Trending
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