Friday, April 20, 2012
The Cudahy, Wisconsin-based company announced this week it has acquired all of the outstanding capital stock of Clearwater, Minnesota-based D&E Transport, an asset-light flatbed carrier focused on food and agricultural products. D&E is located 40 miles from the Twin Cities.
In a move signaling a commitment to long-term leadership, The Los Angeles Harbor Commission has unanimously adopted a five-year strategic plan the port
The new multi-million dollar facility is located on Wrangler Crescent SE in Rocky View County and handles shipments throughout Western Canada and pick-up and delivery of FedEx Freight shipments in local communities.
Posted on 04/20 at 08:04 AM
Carload volume—at 276,789—was down 6.4 percent annually, and intermodal volumes—at 234,157—were up 1.6 percent annually
Posted on 04/20 at 07:44 AM
Thursday, April 19, 2012
A new piece of bipartisan legislation rolled out this week by Representatives Chip Cravaack (R-MN) and Tim Bishop (D-NY), entitled H.R. 4350, the Safe Skies Act of 2012, ensures that “pilot rest requirements apply to all air cargo operations.”
Posted on 04/19 at 01:00 PM
Air Cargo •
While prospects of a new long-term transportation bill remain dim, the United States House of Representatives yesterday signed off another extension—the tenth since September 30, 2009—to keep federal transportation funding intact at current spending levels for 90 days through the end of September when the current one expires.
Company spokesmen said a 25 percent surge in membeship demonstrates “a strong commitment” by the industry to drive major improvements in efficiency and customer experience
This is a "non-premise-based technology" designed for small- and medium-sized businesses
Wednesday, April 18, 2012
It is no surprise that when it comes to freight transportation market share, trucking leads the pack. But what can be surprising is by how much of a margin the trucking sector outpaces its freight transportation brethren. This was prominently highlighted in the 2012 edition of the American Trucking Associations “ATA American Trucking Trends,” which the ATA released this week.
Class I railroad carrier CSX last night reported record first quarter earnings of $449 million and $0.43 per share. The earnings per share performance exceeded Wall Street expectations of $0.38 per share and was up 23 percent annually.