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Logistics News
Business, Logistics

Trailer Bridge Reports Second-Quarter Loss

Trailer Bridge Inc. reported a second-quarter loss of $3.6 million, or 30 cents a share, compared with net income of $900,000, or 7 cents, a year ago.

August 15, 2011
Business, Logistics

Express-1 To Be Acquired By Equity Firm

Express-1 Expedited Solutions, a provider of brokerage and forwarding services, said it has scheduled a Sept. 1 shareholders’ meeting to approve a takeover by Jacobs Private Equity, a firm controlled by investor Bradley Jacobs.

August 12, 2011
Business, Logistics

Weekly Intermodal Traffic Rises 1.9%

Intermodal traffic rose 1.9% last week, the Association of American Railroads reported.

August 12, 2011
Business, Government, Logistics

Consumer Confidence Falls to 31-Year Low

Consumer confidence plummeted in August to its lowest level since May 1980, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

August 12, 2011
Business, Logistics

Equity Firm Buys ADS Logistics

Linx Partners has acquired ADS Logistics Co., a provider of trucking, warehouse and intermodal services to the metals industry.

August 12, 2011
Business, Logistics

MIQ Acquires UK Logistics Company

MIQ Logistics said it has acquired The Logistics Corp., a retail logistics company based in the United Kingdom. Terms were not disclosed.

August 12, 2011
Business, Logistics

Intermodal Volume Rises 6.5% in Second Quarter

Intermodal traffic volume rose 6.5% in the second quarter, the Intermodal Association of North America said.

August 10, 2011
Business, Logistics

UniGroup Announces New Logistics Company

Transportation provider UniGroup Inc. has introduced a new logistics company, UniGroup Worldwide Logistics.

August 8, 2011
Business, Logistics

Broker Echo Global Logistics in Expansion Mode, CEO Says After 11th Deal Since 2007

Freight brokerage firm Echo Global Logistics is involved in an expansion strategy through acquisition, the CEO of the Chicago-based company said in an interview.

August 8, 2011
Business, Logistics, Equipment

June Trailer Orders Up 6%

The more than year-long surge in orders for new trailers showed signs of leveling off in June, increasing just 6% from 2010 levels, compared with an overall 65% gain over the first half of 2011, ACT Research Co. said.

August 8, 2011
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