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Logistics News
Business, Logistics

Swift Reports Higher 2Q Net Income

Swift Transportation Co.’s second-quarter profit rose from a year ago on higher revenue at its truckload and intermodal operations.

July 25, 2013
Business, Safety, Logistics

Transport Canada Enacts Emergency Rail Safety Rules in Wake of Quebec Crash

Transport Canada announced emergency railway safety rules in the wake of a deadly freight train crash in Quebec earlier this month.

July 24, 2013
Business, Logistics

Canadian Railroads’ Earnings Improve

Canada’s two major freight railroads reported higher second-quarter earnings from a year ago on stronger rates and volume.

July 24, 2013
Business, Logistics

XPO 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, 2013
Business, Logistics

Hub 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, 2013
Business, Logistics

Weekly Intermodal Traffic Rises 0.9%

Intermodal volume rose 0.9% for the week ended Saturday from the same week a year ago, the Association of American Railroads reported.

July 19, 2013
Business, Logistics

Kansas City Southern’s 2Q Income Drops

Kansas City Southern’s second-quarter net income fell to $15 million, or 14 cents a share, from $120 million, or $1.09, a year ago.

July 19, 2013
Business, Logistics

South 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, 2013
Business, Logistics

Union Pacific Reports Record 2Q Profit

Union Pacific Corp. said Thursday its second-quarter profit rose 10% to an all-time high, despite carloads dipping 1% in in the quarter.

July 18, 2013
Business, Logistics

CSX Reports Higher Second-Quarter Profit

CSX Corp.’s second-quarter earnings rose to $535 million, or 52 cents a share, from $512 million, or 49 cents, a year ago.

July 17, 2013
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