Collaboration, Leaner Supply Chains, Data Visibility Among Logistics Trends
WASHINGTON — Leaner supply chains, more data visibility and collaborations between direct competitors are among the trends taking hold in the transportation industry, logistics executives and researchers said.
February 8, 2012Vitran’s Fourth-Quarter Loss Narrows
Vitran Corp. on Wednesday said its losses for the fourth quarter and full year both declined from a year ago.
February 8, 2012Xata Reports Wider Fiscal 1Q Loss
Xata Corp. on Thursday reported a fiscal first quarter loss of $1.7 million, or 16 cents per share, compared to a loss of $85,000, or one cent, a year ago.
February 8, 2012Forward Air’s 4Q Income Rises
Forward Air Corp. said late Tuesday its fourth-quarter net income rose to $14.4 million, or 50 cents per share, from $11.8 million, or 41 cents, a year earlier.
February 8, 2012House Bill Would Prevent Public Transit Use of Highway Trust Fund Revenue
The five-year, $260-billion surface transportation bill moving through the House of Representatives would prevent any federal Highway Trust Fund money from being spent on public transit.
February 7, 2012DOE Boosts Diesel Forecast 6¢ to $3.91
Diesel fuel will average $3.91 per gallon this year, the Department of Energy said, boosting its most recent estimate by 6 cents.
February 7, 2012Harlin Named President of U.S. Xpress
Ray Harlin has been promoted to president of U.S. Xpress Enterprises, the truckload carrier said Tuesday.
February 7, 2012XTRA Lease to Add 9,400 Trailers, Rebuild 1,000 More
XTRA Lease said it plans to buy about 9,400 new dry van and refrigerated trailers this year and refurbish another 1,000 flatbed trailers to extend their service life.
February 7, 2012USA Truck Reports 4Q Loss
USA Truck reported a fourth-quarter loss of $4.4 million, or 42 cents per share, compared with a loss of $1.8 million, or 17 cents, a year ago.
February 7, 2012Penske Plans to Hire 3,500 This Year
Penske Truck Leasing and Penske Logistics plan to hire 3,500 employees in the United States and Canada this year.
February 7, 2012