Wal-Mart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market. The stores being shuttered account for a fraction of the company’s 11,000 stores worldwide and less than 1 percent of its global revenue.
Diesel fuel prices dropping nearly 6 cents a gallon in the Rocky Mountain states last week, and with smaller declines seen in all of the other regions of the nation, plenty of smiles could be seen on truck drivers’ faces at truck stops throughout the U.S. The average per-gallon price for a gallon of diesel […]
Amazon.com Inc’s China arm has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move that will give it more control over shipping products from Chinese factories to U.S. shoppers. The registration is the latest indication that Amazon plans to expand its logistics reach to cut costs for its retail […]
Despite the many peaks and valleys freight flows saw in 2015, one mode that collectively saw more of the former was intermodal. That was especially clear in December and full-year 2015 volumes from the Intermodal Association of North America (IANA).
U.S. railroads logged 242,670 carloads, down 16.6 percent, while intermodal volumes edged up 1.1 percent for the second week of 2016, according to the Association of American Railroads (AAR). For the week ending Jan. 16, total U.S. weekly rail traffic was 506,433 carloads and intermodal units, down 8.2 percent compared with the same week last […]
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).
SEATTLE — The Department of Transportation this past weekend introduced a National Freight Strategic Plan that showed a number of challenges in the coming years including 70 million more people in the next 30 years; a 40 percent increase in freight volume by 2040; increasingly larger vessels and more containers at our ports; a tripling […]
UPS Inc. announced rate increases of 4.9% on average for the majority of its business, citing higher costs and other factors.
Less-than-truckload and transit technology services provider SMC3 said it has acquired Transportation Costing Group (TCG), a provider of activity-based cost modeling software and other profitability management tools for LTL and truckload shippers.
GE has delivered more than 500 Evolution Series Tier 4 compliant locomotives to North American customers along with its auto-pilot controls system for railroads called Trip Optimizer. The technology being developed by GE Transportation helps the rail industry optimize networks, minimize downtime and reduce operating costs, the company says.
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