Earlier this month, DHL Global Forwarding, a subsidiary of global express delivery and logistics services provider DHL, held a groundbreaking ceremony for a $35 million, Chicago-based facility at Chicago O’Hare International Airport.
Carloads—at 279,213—were off 4.4 percent annually, and intermodal—at 262,765 trailers and containers—was up 9.4 percent.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) dropped 0.7 percent from September to October, snapping a three-month run of gains.
Commerce reported that November retail sales at $432.3 billion were up 0.7 percent compared to October and up 4.7 percent compared to November 2012. NRF reported that November retail sales, which exclude autos, gas stations, and restaurants, were up 0.6 percent on a seasonally-adjusted basis from October and were up 3.9 percent on an unadjusted basis annually.
XPO Logistics has entered into a definitive agreement to acquire NLM, the largest provider of Web-based expedited transportation in North America from Jacksonville, Fla.-based Landstar System.