XPO Logistics Moves HQ to Connecticut
XPO Logistics Inc. said Tuesday it moved its corporate headquarters to Greenwich, Conn., from Buchanan, Mich.
May 16, 2012XPO Logistics Reports 1Q Loss, Buys Brokerage Firm
XPO Logistics reported a first-quarter loss and announced its first acquisition, saying it will buy brokerage firm Continental Freight Services for $3.4 million.
May 11, 2012Caterpillar Selling Majority Stake in Logistics Unit
Heavy-equipment maker Caterpillar Inc. said it is selling a majority stake in its third-party logistics business to Platinum Equity for $750 million.
May 10, 2012Expeditors’ First-Quarter Profit Declines
Logistics firm Expeditors International of Washington said its first-quarter profit declined from a year ago as air freight volumes fell.
May 4, 2012Echo Global Logistics’ 1Q Income Rises
Echo Global Logistics said its first-quarter profit rose as revenue climbed to a record high.
April 27, 2012Pacer Reports First-Quarter Loss
Pacer International said Thursday it posted a first-quarter loss after turning a profit in the same quarter a year ago.
April 26, 2012Warehousing Operations Combined Under Lineage Logistics
Bay Grove Capital said it is combining the operations of five refrigerated warehousing companies acquired over the past three years under the name Lineage Logistics.
April 26, 2012C.H. Robinson Reports Higher 1Q Profit
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a first-quarter profit of $106.5 million, or 65 cents a share, up from $97 million, or 59 cents, a year earlier.
April 25, 2012Forward Air’s 1Q Income Rises
Forward Air Corp.’s first-quarter net income rose to $10.3 million, or 35 cents a share, from $7.9 million, or 27 cents, a year ago.
April 20, 2012Hub Group Reports Record 1Q Profit
Hub Group said its first-quarter income jumped 30% on higher intermodal and logistics revenue.
April 20, 2012