U.S. rail intermodal traffic surpassed carload volume in May for the first month on record, the Association of American Railroads reported.
June 4, 2015BusinessGovernmentLogistics
Consumer Comfort Falls to Lowest Level Since November
Consumer confidence in the U.S. slipped last week to a six-month low as views of the buying climate softened, indicating a re-acceleration in household spending may be slow to materialize.
June 4, 2015BusinessLogistics
Echo Global Completes Purchase of Command Transportation
Echo Global Logistics Inc. has completed its previously announced $420 million acquisition of Command Transportation, combining two of the eight largest freight brokerage firms in North America.
June 2, 2015BusinessLogistics
XPO Plans Note Sale Linked to Acquisitions
XPO Logistics Inc. will sell $2 billion in notes to provide the balance of the financing for its planned acquisitions of French logistics company Norbert Dentressangle SA and drayage carrier Bridge Terminal Transport Services Inc.
June 1, 2015BusinessLogistics
Shortage of Available Build Slots Weighs Down April Trailer Orders
New trailer orders declined for a third straight month, dropping 31% in April compared with a year earlier, ACT Research reported, attributing the downturn to a shortage of manufacturing capacity rather than weaker demand.
June 1, 2015BusinessLogistics
Carriers, Shippers Say Stronger Ties Are Forged by Working Together
With tight capacity compelling carriers to get more selective about the freight they鈥檒l haul, shippers are working to strengthen relationships with the companies that deliver their goods.
June 1, 2015BusinessLogistics
NFI Implements MacroPoint Freight Tracking
Transportation company NFI Industries has implemented MacroPoint鈥檚 freight-tracking software within its brokerage unit, the companies said in a joint announcement.
May 29, 2015BusinessLogistics
The Trucking Spelling Bee: Take the Quiz!
In honor of the 2015 Scripps National Spelling Bee that took聽place in Washington, D.C., May 27-28, we聽put together a quick little Trucking Spelling Bee of our own. See how well you know the correct spelling for these trucking terms!
May 29, 2015BusinessLogistics
DHL Investing $108 Million to Expand Northern Kentucky Airport Hub
DHL said May 29 it is investing $108 million in its Cincinnati/Northern Kentucky airport hub to meet growth demand in international e-commerce and global trade growth.
May 29, 2015BusinessGovernmentLogistics
Consumer Sentiment Drops in May to Six-Month Low
Consumer confidence in the United States fell to a six-month low in May as Americans became less sanguine about the prospects for the economy.
May 29, 2015