Expeditors’ 2Q Profit Improves
Expeditors International of Washington said Tuesday its second-quarter profit rose 10% from a year ago on increased airfreight services revenue.
August 6, 2013Penske Wins Contract to Manage Kroger’s Indiana Distribution Center
Penske Logistics said it won a contract to manage Kroger’s 600,000 square foot refrigerated food distribution center in West Shelbyville, Ind.
August 2, 2013XPO Logistics Reports 2Q Loss
XPO Logistics’ second-quarter loss widened from a year ago, but revenue more than tripled.
July 31, 2013Echo Global Logistics’ Profit Rises
Echo Global Logistics said its second-quarter profit rose from a year ago, and its revenue improved.
July 26, 2013XPO Agrees to Buy 3PD for $365 Million, Its Eighth Acquisition in 18 Months
Rapidly growing XPO Logistics Inc. agreed to buy 3PD Inc., a third-party logistics company, for about $365 million in the most expensive publicly disclosed transport-sector transaction this year.
July 22, 2013Hub Group’s Profit Rises on Stronger Logistics, Intermodal Operations
Hub Group Inc. reported higher second-quarter earnings on improved revenue at its intermodal and logistics units.
July 19, 2013South Florida Logistics Co. Appoints New CEO
South Florida Logistics Services said it has hired 30-year industry veteran Chris Scott as its new CEO.
July 19, 2013Mexico Plans to Invest $100 Billion in Ports, Rail, Roads
The Mexican government said it would invest close to $100 billion in road, port and rail projects over the next five years, the Associated Press reported.
July 17, 2013XPO Logistics to Buy 3PD for $365 Million
XPO Logistics said Monday it has agreed to buy supply chain services company 3PD Inc. for about $365 million.
July 15, 2013United Vision Logistics Restructures
Heavy-haul and hazardous-materials carrier United Vision Logistics said it has reorganized its ownership.
July 11, 2013