Surface

Security continues to be a key issue for shippers doing business in Mexico. The rise in cross-border surface trade between the U.S.

After securing a $400 million asset-based loan, the last remaining step is the sale of $100 million worth of convertible preferred securities to its lenders, a company official said.

Corsa Coal began sending trainloads of high-heat metallurgical coal out of its new Somerset, Pa., coal wash plant, generating export shipments for CSX Transportation.

North Carolina’s Aberdeen Carolina & Western Railway will be the exclusive project advisor to Gladstone Development on a recently acquired site developers hope boosts Charlotte's role as a r

YRC Worldwide expects its revenue to rise about $600 million this year to $4.9 billion and to report an operating profit of $4.2 million in the second half.

J.B.

FedEx will increase capital spending 24 percent over the next year, adding $800 million as it replenishes its fleets with new aircraft, trucks and tractors.

The backlog of Class 8 trucks on order to be built is getting bigger, as demand for new trucks remains strong despite a slowing economy, ACT Research said.

Truckload shipping volumes increased 2 to 3 percent in June from the previous month, with rates rising 4 to 5 percent, according to Longbow Research.

CSX Transportation is increasing its capital spending plan for this year to $2.2 billion, up from an initial $2 billion, as it locks in more orders for new railcars to haul export coal.

Freight carried by for-hire transportation carriers declined 1.8 percent in May from April to its lowest level since November, the Transportation Department’s Freight Transportation Services Ind

YRC Worldwide expects to draw $255 million from its new $400 million asset-based loan to help repay its existing asset-based loan and set up an escrow account.

TransContainer, Russia’s largest rail container operator, boosted second quarter traffic by 13.9 percent compared to last year, as export volume growth outpaced domestic growth.

The Ceridian-UCLA Pulse of Commerce index pulled out of its two-month slide with a 1 percent increase in June, though it remains lower than it was in March.

Kansas City Southern is receiving a $56 million insurance payment for lost profits and property damage last year from Hurricane Alex, which hit the railroad hard when it blew into Mexico.

Diesel prices across the United States jumped 4.9 cents a gallon in the week ending July 11, rising for the first time in a month just as oil prices on world markets showed new upward pressure, the U.

A key measure of truckload capacity eased last week, after tightening for several weeks.

A major natural gas company is investing $150 million in a venture that would build 150 liquid natural gas fueling stations for heavy trucks at truck stops nationwide.

As freight traffic began to recover from a spring slowdown, owners of parked railcars across North America pulled 2,847 units out of storage in June, nearly reversing the number of units they idled du

Greatwide Logistics tapped John P. Tague, the former president of United Airlines, as chief executive officer, succeeding veteran trucking executive Leo Suggs.

Container-on-barge service could be a $500 million business on the inland waterways, but the federal government hasn’t been willing to test the idea on a large scale to prove its value, accordin

U.S.

Schneider National is looking to hire 300 truck drivers in Texas, Oklahoma and New Mexico for its dedicated and bulk divisions to serve the region’s booming oil business.

APL Logistics is offering double-stack container service in India and plans to expand its service as more rail corridors are approved for stacktrains.

Trucking giant YRC Worldwide secured a $400 million asset-based loan facility from its lenders, a key step toward completing its

YRC Worldwide is one step away from completing its financial restructuring by a July 22 deadline, a key official at th

Major railroads are warning customers that shipment delays, detours and track outages from the flooding Missouri River could last weeks longer, suggesting the river will have disrupted

YRC Worldwide named financial executive Christopher C. Wren senior vice president and treasurer of the $4.3 billion trucking enterprise.

The Federal Maritime Commission will discuss a proposal to increase the PierPass traffic mitigation fee to $60 per TEU when it meets July 13.

Greenbrier Companies, one of North America’s major builders of freight railcars plus some barges, saw revenue soar 153 percent in its fiscal third quarter that ended May 31, mainly on the streng

The for-hire trucking industry is adding workers to company payrolls while the national unemployment rate continues to rise.

Spot market truckload rates rose 4.5 percent in June from May, according to TransCore Freight Solutions, as truckload capacity dropped 7 percent.

Freight brokers increased their revenue 17.1 percent in the first quarter from the same period a year ago as the third-party logistics companies expanded fastest in business beyond their cor

The regulator of economic disputes between railroads and their freight shippers has slashed its filing fee structure, meaning rail customers can file a major challenge to freight rates for $350 instea

A five-day-old trucker strike at India's Vallarpadam International Container Transshipment Terminal ended late Wednesday following talks between union leaders and terminal operator DP World.

Rep.

CMA CGM has started providing intermodal rail service between the Belgian port of Zeebrugge and the tri-modal hub in Duisburg, Germany.

CSX Transportation and Kansas City Southern, two of the seven largest freight railroads in North America, announced several executive staff changes taking place this week.

ABF Freight System won an important victory in its challenge to wage and benefits concessions the Teamsters union granted YRC Worldwide and its subsidiaries.

Owner-operator truck drivers this week sued one of the largest drayage operators at the Port of New York and New Jersey, claiming the company improperly classified them as independent contractors inst