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Logistics News
Business, Logistics

Swift Swings to Second-Quarter Profit

Swift Transportation Co. posted a second-quarter profit compared with a loss a year ago, the company said Thursday.

July 21, 2011
Business, Logistics

Existing Home Sales Fall to Seven-Month Low

Existing home sales fell 0.8% in June to a seven-month low, the National Association of Realtors said Wednesday.

July 20, 2011
Business, Logistics

CSX Reports Record Second-Quarter Profit

CSX Corp. late Tuesday reported record second-quarter earnings, as its profit rose to $506 million, or 46 cents per share, from $414 million, or 36 cents, a year ago.

July 19, 2011
Business, Logistics

NIT League Files Petition for STB Adoption of New Freight Railroad Switching Rules

The National Industrial Transportation League has filed a petition with the Surface Transportation Board asking the agency to adopt new reciprocal switching rules to allow captive rail shippers to use a second railroad.

July 19, 2011
Business, Logistics

APL to Open New Illinois Terminal

Container shipping line APL, which is part of Singapore’s Neptune Orient Lines Ltd., said it will build a new intermodal terminal in Joliet, Ill.

July 18, 2011
Business, Logistics

Intermodal Traffic Dips 0.2% for Week

Intermodal traffic dipped 0.2% last week from a year ago, the Association of American Railroads reported.

July 15, 2011
Business, Logistics

I-405 Closure in Mid-July to Disrupt Traffic on Key Los Angeles Freeway

The Los Angeles region is bracing for a 53-hour shutdown of Interstate 405 in mid-July that will cut off a critical, high-traffic trucking route.

July 14, 2011
Business, Logistics

Menlo Worldwide Logistics Expanding Presence in Singapore

Menlo Worldwide Logistics said Tuesday it is expanding its presence in Singapore.

July 13, 2011
Business, Logistics, Fuel, Government

Diesel Rises 4.9¢ to $3.899 in Biggest Gain Since Mid-April

Diesel’s national average retail price rose almost a nickel, gaining 4.9 cents to $3.899 a gallon, the biggest increase since mid-April, the Department of Energy said.

July 12, 2011
Business, Logistics

Schneider Hiring 300 Drivers in South-Central U.S.

Truckload carrier Schneider National said Monday it is hiring 300 truck drivers in Texas, Oklahoma and New Mexico for its growing dedicated and bulk tanker divisions.

July 11, 2011
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