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Logistics News
Business, Logistics

Wabash to Buy Trailer Assets of Beall Corp.

Trailer manufacturer Wabash National Corp. said Friday it has agreed to buy the tank and trailer business of Beall Corp., a maker of aluminum tank trailers and related equipment, for $15 million.

January 25, 2013
Business, Logistics

Fidelitone Logistics Merges with Va. 3PL

Fidelitone Logistics said it has merged with Virginia-based third-party logistics firm Purnell Furniture Services to expand its delivery services to furniture retailers in the eastern part of the country.

January 25, 2013
Business, Logistics

Intermodal Traffic Rises 13.5% for Week

U.S. rail intermodal traffic rose 13.5% last week over the same week a year ago, the Association of American Railroads said.

January 25, 2013
Business, Logistics

RSI Logistics Acquires Freight Resources Network

RSI Logistics Inc. said it has acquired transportation software company Freight Resources Network. Terms were not disclosed.

January 25, 2013
Business, Logistics

Union Pacific Reports $1 Billion 4Q Profit

Union Pacific Corp. said Thursday its fourth-quarter profit rose to more than $1 billion on higher chemical, automobile and intermodal shipments.

January 24, 2013
Business, Logistics

Swift Reports Higher 4Q Profit

Swift Transportation Co. said its fourth-quarter and full-year profit rose and that it recorded the highest quarterly revenue and operating profit in its history.

January 24, 2013
Business, Logistics

Norfolk Southern, CSX Report Lower 4Q Income

Eastern freight railroads Norfolk Southern Corp. and CSX Corp. each reported lower fourth-quarter profits from a year ago.

January 23, 2013
Business, Logistics

Canadian National Reports Higher 4Q Profit

Canadian National Railway Co. reported a higher fourth-quarter profit from a year ago on higher freight volume.

January 22, 2013
Business, Logistics

BNSF Sets $4 Billion Expansion for Oil, Intermodal Shipments

Berkshire Hathaway Inc. plans to increase capital spending at its BNSF Railway Co. by $4.1 billion this year as it prepares to handle rising oil shipments and expands its intermodal terminal capacity, Bloomberg News reported.

January 22, 2013
Business, Logistics

Kansas City Southern Reports Higher Operating Income for 4Q, Year

Kansas City Southern reported a smaller fourth-quarter profit but said its revenue rose 7%, boosted by strong intermodal volume.

January 22, 2013
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