US intermodal picking up steam as trucking woes continue
After a long trough of sluggish performance, US intermodal traffic is growing, and the market ...
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Consolidation of US intermodal, trucking and B2B fulfilment services saw two acquisitions announced on the same day last week.
Heartland Express is to acquire Contract Freighters’ dry van and temperature-controlled truckload business and CFI Logistica’s operations in Mexico, both from TFI International, for $525m.
The merger excludes CFI Dedicated and CFI Logistics US brokerage operations, which were retained by TFI.
In a smaller deal, Hub Group, one of the main intermodal players in the US, is continuing its diversification with the acquisition of ...
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