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Logistics News
Business, Logistics

TransForce’s 2Q Earnings Jump on Acquisitions

TransForce Inc.’s second-quarter net income rose to C$26.2 million, or 27 cents a share, from C$17 million, or 18 cents, a year earlier.

August 2, 2011
Business, Logistics

TNT Express’ 2Q Profit Drops

TNT Express NV, Europe’s second largest post company, said its second-quarter earnings declined to about $5.7 million, from about $37 million a year earlier.

August 2, 2011
Business, Logistics

Schenker to Shut Sorting Hub In Toledo, Cutting 700 Jobs

Logistics company DB Schenker USA announced that it is closing a domestic freight sorting hub in Toledo, Ohio, and shifting contractors to move its cargo, a step that cost 700 people their jobs.

August 1, 2011
Business, Logistics

CRST International Buys Specialized Transportation

CRST International said it has acquired Specialized Transportation Inc., formerly the high-value products/logistics division of North American Van Lines.

July 29, 2011
Business, Government, Logistics

Consumer Confidence Falls to Two-Year Low

Consumer confidence fell to a two-year low in July, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

July 29, 2011
Business, Logistics

Intermodal Traffic Rises 0.8% for Week

Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.

July 29, 2011
Business, Logistics

Chrysler Reports 2Q Profit Excluding Loan Paybacks

Chrysler Group LLC reported second-quarter net profit of $181 million, after excluding losses from paying off U.S. and Canadian government loans early, Bloomberg reported Tuesday.

July 26, 2011
Business, Government, Logistics

Judge Orders Review of Deal Between Long Beach Port, ATA

A U.S. District Court in California reopened the nearly two-year-old arrangement that regulates truck environmental standards at the Port of Long Beach, part of the nation’s busiest container complex.

July 25, 2011
Business, Logistics

Pilot Freight Debuts First Office in Europe

Pilot Freight Services, a transportation and logistics services provider, said that it has opened its first European location in Amsterdam, Netherlands.

July 22, 2011
Business, Logistics

Intermodal Traffic Rises 1.2% for Week

Intermodal traffic increased 1.2% last week from a year ago, the Association of American Railroads reported.

July 22, 2011
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