Transport Topics
New Service Comparable With Trucking Option, BNSF Railway Says
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BNSF Railway will offer intermodal customers a new service option to move commodities and a wide range of consumer goods between Portland, Oregon, or Seattle and the Dallas/Fort Worth area.
cutting two days off rail transit time options currently in the marketplace and comparable in speed with single-driver, over-the-road options, the company said.
UPS Rates to Rise After Holiday Sales Season
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The price of getting parcels to their destination via UPS is going up after the holiday sales season.
Celadon Group Net Income Plummets, Hurt by Weaker Equipment Sale Gains
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Celadon Group Inc. fiscal fourth-quarter earnings plummeted 87% to $1.62 million, or 6 cents per share, hurt by a precipitous drop in gains on equipment dispositions, claims costs, higher expenses and the weak freight market that put a lid on efforts to raise rates.
Accuride Corp. Enters Into Agreement to Be Acquired by Crestview Partners
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Heavy-duty supplier Accuride Corp. said it has entered into a definitive agreement to be acquired by funds managed by Crestview Partners, a leading New York-based private equity firm, for $2.58 per share in cash.
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