Roadrunner Transportation Systems has acquired Stagecoach Cartage and Distribution for $35 million, continuing the buying spree it embarked on in 2013 as merger and acquisition activity dominates the transportation and logistics industries.
Universal Truckload Services’ second quarter profit and revenue slipped amid reduced truckload demand, but the company said volume and pricing strengthened for other businesses, notably intermodal drayage.
Port of Halifax’s recent inclusion on G6 and CMA CGM services to Asia bode well for a container rebound at the Nova Scotia gateway.
Old Dominion Freight Line, the fifth-largest U.S. less-than-truckload carrier, has opened a 24-door terminal at Sidney, Montana, to handle growing traffic from the region’s oil and agriculture businesses.
Truck maker Paccar expects to sell more Class 8 tractors this year than last because motor carriers are enjoying higher rates and seeking more demand.
BNSF Railway is cracking down on dwell times in its intermodal terminals in an effort to improve circulation and prepare for recent and anticipated growth in intermodal traffic.
The Port of New York and New Jersey's container volume during the first half of 2015 rose 13.4 percent from a year earlier, putting the East Coast's largest port on pace to exceed its record 2014 volume.
Captain Michael R. Watson, president of the American Pilots Association died July 23, 2015. He was 72.