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Logistics News
Business, Logistics

XPO Reports It Is on Course to Hit $500 Million in Revenue

XPO Logistics is on course to reach $500 million in annual revenue by year-end, buoyed by the recent purchase of Kelron Logistics, which will add more than $100 million annually to sales, said Bradley Jacobs, XPO’s chief executive officer.

August 15, 2012
Business, Logistics

Leasing Venture Offers 16,000 Trailers

Trailer Leasing Alliance LLC, Wayne, Pa., said it has launched full-service trailer leasing operations with 16,000 late-model 53-foot trailers.

August 15, 2012
Business, Logistics

Getloaded Integrates With McLeod and Infinity Software

Getloaded, an online logistics freight matching company has integrated its software with popular management software companies McLeod and Infinity Software.

August 15, 2012
Business, Logistics

Contrans’ 2Q Income Improves

Canadian carrier Contrans Group’s second-quarter profit rose, in part on acquisitions, the company said.

August 13, 2012
Business, Government, Safety, Logistics, Technology, Equipment, Autonomous

For One NTDC Contestant, Competition Trumps Birth

MINNEAPOLIS — ABF Freight System truck driver Ralph Garcia had to make a choice between being at the hospital for the birth of his first grandson or competing here in the 2012 National Truck Driving Championships.

August 13, 2012
Business, Logistics

Cardinal Logistics Sold to Centerbridge

Third party logistics company, Cardinal Logistics Management Inc., has been sold to New York private equity firm Centerbridge Partners LP.

August 9, 2012
Business, Logistics

XPO Reports 2Q Loss, Buys Ontario Logistics Firm

XPO Logistics reported a second-quarter loss and  said it had acquired Canada-based Kelron Logistics for $8 million.

August 7, 2012
Business, Logistics

Trailer Orders Creep Upward as Backlogs Continue to Grow

New trailer orders edged up 1.3% to 13,615 in June from a year ago, ACT Research said, with most manufacturers continuing to report healthy backlogs.

August 6, 2012
Business, Logistics

Intermodal Traffic Rises 4.1% for Week

U.S. intermodal traffic rose 4.1% last week from a year ago, the Association of American Railroads reported.

August 3, 2012
Business, Logistics

Wabash National Posts 2Q Profit as Trailer Shipments Rise

Wabash National Corp.’s second-quarter income slipped from a year ago on acquisition costs, but the company’s trailer sales rose.

August 1, 2012
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