Forward Air’s 3Q Income Improves
Forward Air Corp. said late Wednesday its third-quarter net income rose to $12.9 million, or 44 cents per share, from $8.9 million, or 31 cents, a year ago.
October 19, 2011FedEx Ground Expands Network with New Distribution Hub
FedEx Ground, the small-package ground unit of FedEx Corp., on Wednesday announced the opening of a new $100 million distribution hub.
October 13, 2011Menlo Launches Transportation Services
Menlo Worldwide Logistics has announced it is rolling out Menlo Transportation Services as a single, unified service to complement other supply chain and logistics offerings.
October 13, 2011Clark Holdings Shareholders to Vote on Buyout
Logistics firm Clark Holdings is planning a special shareholders meeting to vote on a $5 million buyout proposal from Gores Group.
October 12, 2011XPO Logistics Plans $500 Million Share Sale
XPO Logistics Inc. intends to sell as much as $500 million in securities to the public, the firm said in a Securities and Exchange Commission filing.
October 7, 2011Forward Air Signs Logistics Agreement with United Cargo
Forward Air has become the primary provider of expedited ground logistics throughout the U.S. for United Cargo, the cargo division formed by the merger of United and Continental Airlines.
October 6, 2011Transplace Wins Contract With Elementis
Transplace has announced that chemicals maker Elementis Specialties Inc. has selected it to handle its domestic transportation. No contract terms were revealed.
October 6, 2011Provident Energy Acquires Two-Thirds Interest in Three Star Trucking
Provident Energy announced it has completed its acquisition of a two-thirds interest in Three Star Trucking, a Saskatchewan-based oilfield hauling company serving crude oil producers.
October 5, 2011C.H. Robinson Acquires Produce Company
Third-party logistics company C.H. Robinson said it has acquired produce provider Timco Worldwide Inc. Terms were not disclosed.
September 29, 2011Saddle Creek Invests in Natural Gas Trucks
Third-party logistics provider Saddle Creek Corp. said it is purchasing natural gas trucks for its for-hire fleet.
September 29, 2011