Transport Topics
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The trucking industry lost 600 jobs in February, and the unemployment rate held at 4.9%, the Labor Department reported March 4.
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Chassis provider TRAC Intermodal reported 2015 net income of $26.7 million, reversing a year-earlier loss of $3 million as revenue improved 10%.
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Telematics provider SkyBitz said it is offering an intermodal chassis tracking device with the capability to track equipment movements in an effort to improve service and reduce delays.
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BNSF Railway, the railroad owned by investor Warren Buffett's Berkshire Hathaway, reported net income for the fourth quarter slipped nearly 6% to $1.2 billion from $1.3 billion amid slowing demand for some freight, including crude oil shipments.
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