Tuesday, April 09, 2013
On the eve of President Barack Obama’s FY 2014 budget release, freight interests in the Nation’s Capital on Tuesday were telling policy leaders that it’s never too early to be thinking about the next multi-year highway bill—and, more importantly, how to pay for it.
Posted on 04/09 at 01:07 PM
Fuel Tax •
Monday, April 08, 2013
Chicago-based buytruckload.com, a Web-based truckload brokerage in Chicago, said today it has officially expanded its offerings to shippers.
Posted on 04/08 at 08:57 AM
Sunday, April 07, 2013
The operative word when describing the March edition of the March Cass Freight Index report released on Friday by Cass Information Systems appears to be “improvement.”
Friday, April 05, 2013
Procurement leaders face new pressures in 2013 as companies focus on profitable growth and balance local agility with global scale in their value chains, according to new Procurement Key Issues Research from The Hackett Group, Inc.
Posted on 04/05 at 05:48 PM
March carloads—at 1,117,427—were down 5,969 carloads or 0.5 percent annually. Intermodal—at 933,028 trailers and containers—was up 4,859 units or 0.5 percent compared to March 2012.
Posted on 04/05 at 08:58 AM
Thursday, April 04, 2013
Toronto-based less-than-truckload (LTL) carrier Vitran Corporation Inc. said today that its Board of Directors has appointed board member Bill Deluce as interim president and CEO. Deluce replaces Rick Gaetz, whom resigned as president and CEO and a Director of the Company.
Posted on 04/04 at 11:29 AM
Vitran Corporation •
CEVA said that through these efforts—and upon completion of the recapitalization—the company will reduce its consolidated net debt by more than $1.5 billion ($1.2 billion euros) and its annual cash interest expense by more than $173 million ($135 million euros) and also receive a capital infusion of a minimum of $264 million ($205 million euros) for investment in its business plan.
Posted on 04/04 at 10:19 AM
Global Logistics •
Approximately 94% of equipment finance industry professionals believe the business conditions will improve or remain the same in the next four months, according to the results of a recent survey.
Posted on 04/04 at 06:59 AM
Nissan Forklift Corporation, North America announced that it has joined forces with TCM America under a new name, UniCarriers Americas Corporation effective April 1.