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Logistics News
Business, Logistics

XPO Logistics Posts Loss; Sets Executive Appointments

XPO Logistics posted a third-quarter loss, named seven new senior executives and said it was targeting multiple acquisitions in the logistics and freight brokerage field.

November 8, 2011
Business, Logistics

Hub Group Buys Challenge Transportation

Hub Group Inc. said that its Comtrak Logistics Inc. subsidiary has acquired Newark, N.J., intermodal drayage carrier Challenge Transportation. No terms were announced.

November 8, 2011
Business, Logistics

TT Logistics 50: Global Events Alter 3PLs’ Strategies, Practices

Natural disasters, political up­heaval and financial woes are forcing shippers to reevaluate their supply chains and, in some cases, change the way they procure parts and materials and the way they distribute goods.

November 7, 2011
Business, Logistics

Growth of Domestic Truck/Rail Shipments Expected to Highlight Intermodal Expo

When the largest U.S. intermodal event returns to its roots in Atlanta this weekend, Intermodal Expo attendees will be talking about an industry in which steadily growing domestic truck/rail shipments are stealing the spotlight from slow-growing international cargo.

November 7, 2011
Business, Logistics

Intermodal Traffic Rises 4.6% for Week

U.S. intermodal traffic rose 4.6% for the week ended Oct. 29 from a year ago, the Association of American Railroads said.

November 4, 2011
Business, Logistics

Secor Buys Vision Relocation

Logistics provider Secor Group, Washington, D.C., announced it has acquired Vision Relocation Group, Chantilly, Va.

November 3, 2011
Business, Logistics

Wabash National Posts 3Q Profit on Higher Trailer Sales

Wabash National Corp. reported a third-quarter profit, turning around a loss in the same quarter last year, as trailer shipments hit their highest level in five years.

November 2, 2011
Business, Logistics

Expeditors’ Third-Quarter Profit Improves

Logistics firm Expeditors International of Washington said Tuesday its third-quarter profit rose 11% to $107 million, or 50 cents a share, from $96 million, or 44 cents, a year ago.

November 1, 2011
Business, Logistics

TransForce’s 3Q Earnings Decline

TransForce Inc.’s third-quarter net income declined to C$19.3 million, or 20 cents a share, from C$24.7 million, or 26 cents, a year earlier, the Montreal-based trucking and logistics company said Tuesday.

November 1, 2011
Business, Logistics

Echo Global Logistics’ 3Q Income Increases

Echo Global Logistics said its third-quarter profit grew 30.2% to $3.4 million, or 15 cents per share, from $2.6 million, or 12 cents, a year ago.

October 28, 2011
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