DALLAS 鈥 A Texas state lawmaker said he backs incentives that increase the use of natural gas and other alternative transportation fuels.
May 7, 2015BusinessSafetyGovernmentLogisticsFuel
BNSF Oil-Train Derailment Sets Tank Cars on Fire in North Dakota
A BNSF Railway train carrying crude oil derailed in North Dakota, setting several tank cars on fire and prompting the evacuation of nearby residents, U.S. and local authorities said.
May 6, 2015BusinessLogistics
XPO Logistics Agrees to Acquire Bridge Terminal Transport; Posts Narrow 1Q Loss
XPO Logistics reached an agreement to buy yet another transportation provider May 4聽and posted first-quarter financial results with a narrowing loss even as revenue soared.
May 4, 2015BusinessLogistics
XPO Goes Global in $3.5 Billion Deal
XPO Logistics Inc. last week made its first foray into the global market with an agreement to buy French company Norbert Dentressangle SA for $3.53 billion, the latest move in the consolidation trend in the logistics sector.
May 4, 2015BusinessLogistics
March Trailer Orders Drop, but Large Backlogs Remain
March orders for new trailers fell 22% from a year earlier, but manufacturers remain busy with a heavy backlog generated by an 鈥渆pic鈥 order season over the past several months, ACT Research said.
May 4, 2015BusinessGovernmentLogistics
Consumer Sentiment Rises to Second-Highest Since 2007
Consumer confidence increased in April to the second-highest level in more than eight years as Americans grew more upbeat about their financial prospects.
May 1, 2015GovernmentBusinessSafetyLogisticsTechnologyEquipmentAutonomous
NTSB Recommends Video Recorders on Heavy Trucks and Buses
The National Transportation Safety Board on April 29 issued a recommendation that heavy truck and bus fleet operators deploy in-cab video system recorder technology to monitor their drivers.
April 30, 2015BusinessLogistics
Reactions: XPO Logistics Acquisition of Norbert Dentressangle for $3.53 Billion
Reactions to聽XPO Logistics' $3.53 billion acquisition聽of French logistics company Norbert Dentressangle SA for $3.53.
April 29, 2015BusinessLogistics
Weekly Intermodal Rail Traffic Rises as Carloads Decline 7.9%
U.S. rail intermodal traffic rose 5.6% in the week ended April 25 compared with the same week last year as carload traffic declined 7.9%, the Association of American Railroads reported.
April 29, 2015BusinessLogistics
XPO Logistics Agrees to Buy Norbert Dentressangle for $3.53 Billion
XPO Logistics Inc. agreed to buy French logistics company Norbert Dentressangle SA for $3.53 billion to expand in the global sector, a move that will nearly triple the U.S. company鈥檚 revenue.
April 28, 2015