XPO Buys Turbo Logistics for $50 Million
XPO Logistics said Thursday it has purchased Turbo Logistics, the freight brokerage division of logistics company OHL, for $50 million.
October 25, 2012Echo Global Logistics’ 3Q Income Rises; Buys Freight Co.
Echo Global Logistics reported a third-quarter profit and said it acquired Sharp Freight Systems.
October 25, 2012England Logistics Buys Freight Broker
Third-party logistics provider England Logistics has acquired certain assets of freight broker Kampstra Transportation & Logistics.
October 25, 2012Landstar’s 3Q Earnings Increase
Truckload carrier Landstar System said its earnings per share rose to a third-quarter record.
October 25, 2012Old Dominion’s 3Q Income Rises
Old Dominion Freight Line said its income and revenue jumped, with earnings per share and revenue reaching third-quarter records.
October 25, 2012Paccar Reports Lower 3Q Profit
Paccar Inc. reported a lower third-quarter profit compared with a year ago, reflecting lower truck orders in North America.
October 25, 2012Knight Transportation’s 3Q Income Flat
Knight Transportation said its third-quarter profit was flat from a year ago due in part to higher fuel prices and a slower economy.
October 25, 2012Mullen Group’s 3Q Income Jumps
Canadian transportation firm Mullen Group said its third-quarter profit increased almost 300%, primarily from foreign exchange-rate accounting, though its operating income fell 13.2%.
October 25, 2012Vitran Reports Third-Quarter Loss
Vitran Corp. reported a third-quarter loss Thursday as its less-than-truckload operations declined.
October 25, 2012P.A.M. Swings to Third-Quarter Profit
P.A.M. Transportation Services posted a third-quarter profit, turning around a loss from the year-ago period.
October 25, 2012