Transport Topics
FTR's Shippers Conditions Index Improves in April
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FTR's Shippers Conditions Index rose in April after a sharp decline the prior month, according to the firm.
Sysco's $3.5 Billion Bid for US Foods Blocked by Federal Judge
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Sysco Corp.'s planned $3.5 billion takeover of US Foods Inc. was blocked by a federal judge, who said a merger of the food distribution giants would probably reduce competition and raise prices for hotels and restaurants.
VW's MAN Truck-Making Unit Plans to Cut 1,800 Jobs to Lower Costs
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MAN SE, the German truck maker owned by Volkswagen AG, plans to reduce the workforce of its European commercial-vehicle operations by about 5% to cut costs and revive profit.
Intermodal Rail Traffic Rises as Carloads Continue Decline
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U.S. rail intermodal traffic rose for the week ended June 13 as carloads declined for the 11th consecutive week, the Association of American Railroads reported.
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