Swift Transportation Co.’s second-quarter profit rose from a year ago on higher revenue at its truckload and intermodal operations.
July 25, 2013Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Swift Reports Higher 2Q Net Income
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, 2013Canadian 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, 2013XPO 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, 2013Hub 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, 2013Weekly 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, 2013Kansas 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, 2013South 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, 2013Union 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, 2013CSX 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