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Logistics News
Business, Logistics

Intermodal Traffic Rises 2.8% for Week

U.S. rail intermodal traffic rose 2.8% last week from the same week a year ago to 245,678 units, the Association of American Railroads reported.

May 10, 2013
Business, Logistics

C.H. Robinson’s 1Q Profit Slips

C.H. Robinson Worldwide said its first-quarter net income fell slightly from a year ago on slower growth, though revenue improved.

May 8, 2013
Business, Logistics

XPO Reports 1Q Loss, Buys Logistics Firm

XPO Logistics reported a first-quarter loss and said it had acquired Salt Lake City-based Interide Logistics for $3.1 million.

May 8, 2013
Business, Logistics

Intermodal Traffic Rises 2.1% for Week

U.S. rail intermodal traffic rose 2.1% last week from the same week a year ago to 247,569 units, the Association of American Railroads said.

May 3, 2013
Business, Logistics

Expeditors’ 1Q Profit Improves

Expeditors International of Washington’s first-quarter profit rose 5% from a year ago, and the company said it sees “cause for optimism” for the rest of the year.

May 2, 2013
Business, Logistics

Logistics Provider Says New Website to Speed Getting Quotes

Third-party logistics provider Interstate Logistics Group said it has launched an automated freight quotation service called QuoteMyTruckload.com.

Seth Clevenger | Managing Editor, Features and Multimedia
May 1, 2013
Business, Logistics

Ridge Corp. Buys Freight Wing

Ridge Corp., which makes fiber reinforced thermoplastics for the transportation industry, said it has acquired trailer-skirt manufacturer Freight Wing. Terms were not disclosed.

May 1, 2013
Business, Logistics

Wabash Reports Improved 1Q Income; Predicts Pickup in Trailer Shipments

Trailer manufacturer Wabash National Corp. said its first-quarter income improved, and the company said it expects a “significant increase” in trailer shipments in the second quarter.

May 1, 2013
Business, Logistics

Penske Automotive Reports Record Earnings

Penske Automotive said its first-quarter income and earnings per share were the highest in its history, while Penske Logistics announced it won a bid to manage a BMW distribution center in Pennsylvania.

May 1, 2013
Business, Logistics

Trailer Orders Decline 12.2% During March, But Backlogs Remain Healthy, ACT Says

March trailer orders fell 12.2% from a year ago due to sluggish U.S. economic growth, ACT Research reported, but trailer makers reported continuing healthy order backlogs.

April 29, 2013
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