Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.
August 5, 2011Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
FedEx Completes Acquisition of Mexico’s MultiPack
FedEx Corp. said it has completed the acquisition of Mexico’s Servicios Nacionales Mupa S.A de C.V., or MultiPack.
August 5, 2011Intermodal Traffic Rises 3.3% for Week
Wabash Swings to Second-Quarter Profit
Trailer manufacturer Wabash National Corp. reported a second-quarter profit compared with a loss a year ago, as trailer sales improved.
August 3, 2011Echo Global Logistics’ 2Q Profit Rises
Echo Global Logistics said its second-quarter profit grew 50.3% to $2.9 million, or 13 cents per share, compared with $1.9 million, or 9 cents, a year ago.
August 3, 2011Expeditors’ Second-Quarter Profit Improves
Logistics firm Expeditors International of Washington said Tuesday its second-quarter profit rose 5% to $95 million, or 44 cents a share, from $90.3 million, or 42 cents, a year ago.
August 2, 2011Old Dominion Launches Vault Logistics Division
Old Dominion Freight Line has introduced Vault Logistics, a new third party-logistics provider.
August 2, 2011TransForce’s 2Q Earnings Jump on Acquisitions
TransForce Inc.’s second-quarter net income rose to C$26.2 million, or 27 cents a share, from C$17 million, or 18 cents, a year earlier.
August 2, 2011TNT Express’ 2Q Profit Drops
TNT Express NV, Europe’s second largest post company, said its second-quarter earnings declined to about $5.7 million, from about $37 million a year earlier.
August 2, 2011Schenker to Shut Sorting Hub In Toledo, Cutting 700 Jobs
Logistics company DB Schenker USA announced that it is closing a domestic freight sorting hub in Toledo, Ohio, and shifting contractors to move its cargo, a step that cost 700 people their jobs.
August 1, 2011CRST International Buys Specialized Transportation
CRST International said it has acquired Specialized Transportation Inc., formerly the high-value products/logistics division of North American Van Lines.
July 29, 2011