Despite month-to-month variations, third quarter intermodal freight traffic growth of 3.4% was in line with year-to-date results, according to new figures from the Intermodal Association of North America (IANA).
The number of cargo thefts in the U.S posted a significant decline in the third quarter of the year but the average value of each crime moved up slightly, as big-value heists jumped, according to logistics-security services provider FreightWatch International.
The House of Representatives has passed its version of a highway bill— voting for it 363-64 in overwhelming bipartisan fashion.
If you are looking to the spot market to move some freight, it remains a good news/bad news situation, based on recent numbers.
Summit Holdings’ Board of Directors announced that, as part of the company’s succession plan, Justin Fink, currently president of the company, will also become Chief Executive Officer of Summit Truck Group in January 2016.
The two companies collaborated on the latest version of the Smart Advantage powertrain, aimed at regional highway service.
Employee screening provider HireRight has launched a new sleep apnea study service as part of its screening offering for the transportation industry.
XPO Logistics, which closed this week on its purchase of Con-Way Inc., reported more revenue but a bigger loss in its third-quarter earnings report, while the mainly truckload fleet USA Truck showed a smaller profit.