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Logistics News
Business, Logistics

Hub Group Reports Lower 1Q Profit, Citing Weather

Hub Group Inc. said its first-quarter profit slipped from a year ago, citing “extreme weather in many markets,” although its revenue improved.

April 18, 2014
Business, Logistics

Intermodal Rail Traffic Rises 9.3% for Week

U.S. rail intermodal traffic increased 9.3% in the week ended April 12 compared with the same week last year, the Association of American Railroads reported.

April 18, 2014
Business, Logistics

Union Pacific’s 1Q Earnings Jump 14%

Union Pacific Corp.’s first-quarter earnings jumped 14% to $1.1 billion, or $2.38 a share, the company reported April 17. Revenue rose 6.6% to $5.64 billion.

April 17, 2014
Business, Logistics

CSX Reports 1Q Income Drops 14%

CSX Corp. reported its first-quarter net income fell 14% to $398 million, or 40 cents per share, as the rail industry began its first-quarter round of earnings reports on a lower note.

Rip Watson | Special to Transport Topics
April 16, 2014
Business, Government, Safety, Fuel, Logistics, Autonomous

Report Calls for Separate Emissions Rule for Heavy Trucks Powered by Natural Gas

Federal regulators should develop a separate standard for natural gas-powered vehicles when they finalize the second phase of the government’s emissions reduction and fuel-efficiency standards for medium- and heavy-duty trucks, according to a new report by the National Research Council of the National Academy of Sciences.

April 14, 2014
Business, Logistics

Intermodal Rail Traffic Rises 12.6% For Week

U.S. rail intermodal traffic increased 12.6% in the week ended April 5 compared with the same week last year, the Association of American Railroads reported.

April 11, 2014
Business, Logistics

Ceva Logistics Opens Foreign Trade Zone in Miami

Ceva Logistics said it has opened a Foreign Trade Zone warehouse in Miami, approved by the U.S. Customs and Border Protection.

April 9, 2014
Business, Logistics

Swift Says Weather Will Affect 1Q Earnings

Swift Transportation Co. said it expects its first-quarter earnings to be 11 to 13 cents per share, lower than previously expected, due to severe weather.

April 8, 2014
Business, Logistics

Intermodal Rail Traffic Rises 9.9% in March

Intermodal rail volume for March rose 9.9% compared with the same time last year, the Association of American Railroads reported.

April 4, 2014
Business, Logistics

XPO Completes Pacer Acquisition

XPO Logistics Inc. said it completed the acquisition of Pacer International Inc., an intermodal and logistics management company, for $335 million in cash and stock.

April 1, 2014
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