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Logistics News
Business, Logistics

Echo’s Profit Improves in 1Q

Echo Global Logistics said its first-quarter profit jumped to $1.2 million, or 6 cents per share, compared with a loss of $200,000, or 2 cents, a year ago.

May 7, 2010
Business, Logistics

Intermodal Traffic Continues to Improve

Intermodal rail traffic continued its upward trend last week, rising 13.2% from the same week last year, the Association of American Railroads said.

May 7, 2010
Business, Logistics

Expeditors’ 1Q Profit Improves

Logistics firm Expeditors International of Washington’s first-quarter profit rose to $61.3 million, or 29 cents a share, from $59.3 million, or 28 cents, a year ago.

May 6, 2010
Business, Logistics

Trailer Orders Jump 165% as Fleets See Freight Growth

Trailer orders in March soared 165% over the comparable month of 2009, ACT Research Co. reported last week, as the strengthening economy and the brighter picture for the freight industry drove fleets to boost orders over dismal year-ago levels for the sixth month in a row.

May 3, 2010
Business, Logistics

Universal Truckload’s 1Q Income Improves

Universal Truckload Services’ first-quarter profit rose to $2.1 million, or 13 cents per share, from $100,000, or 1 cent, a year ago.

April 30, 2010
Business, Government, Logistics

Consumer Confidence Declines

U.S. consumer confidence fell this month, but was higher than previously estimated, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday. 

April 30, 2010
Business, Logistics

Intermodal Traffic Grows for Week

Intermodal rail traffic rose 15.1% last week from the same week a year ago, the Association of American Railroads said.

April 30, 2010
Business, Logistics

Norfolk Southern’s Profit Jumps

Norfolk Southern Corp. reported that its first-quarter profit rose 45% from a year ago.

April 28, 2010
Business, Logistics

Canadian Pacific’s 1Q Profit Improves

Canadian freight railroad Canadian Pacific’s first-quarter net income jumped 74% to C$99.8 million, or 59 cents per share, from C$57.3 million, or 36 cents, a year earlier.

April 28, 2010
Business, Logistics

Kansas City Southern’s 1Q Profit Rises

Kansas City Southern said it earned $32.6 million, or 34 cents a share, in its first quarter, compared with a loss of $8.1 million, or 9 cents, the previous year.

April 28, 2010
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