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Extras
Logistics News
Safety, Business, Logistics

Train Derails Into Iowa Trackside Tavern Called Derailed Bar

Police in Charles City, Iowa, say part of a freight train derailed and crashed into the side of a trackside tavern called the Derailed Bar.

August 9, 2016
Business, Logistics

June Trailer Orders Plunge 50%

U.S. trailer orders in June sank about 50% from especially robust volumes a year earlier, as the stagnant freight market also prompted a spike in cancellations and a sharp decline in backlog, analysts said.

Roger Gilroy | Senior Reporter
August 8, 2016
Government, Business, Safety, Logistics

TT Wins National Award From ASBPE

Transport Topics won the bronze prize of the 2016 Azbee Awards of Excellence from the American Society of Business Publication Editors.

August 8, 2016
Business, Logistics

XPO Logistics Earns $42.6 Million, First-Ever Profit

XPO Logistics Inc. posted its first-ever profit, earning $42.6 million, or 35 cents per share, as results improved in the less-than-truckload and last-mile services as well as European logistics activity.

August 4, 2016
Business, Government, Logistics

Port of Virginia Readies to Take on Savannah

HAMPTON ROADS, Va. — The Port of Virginia is expanding within the next five years in an effort to attract larger vessels traveling through the Panama Canal, according to a presentation during an Aug. 3 sightseeing visit for Congressional staffers and the media.

Ari Ashe | Staff Reporter
August 4, 2016
Business, Logistics

Deutsche Post Profit Rises Fastest Since Late 2011 on Parcels

Deutsche Post AG’s quarterly profit jumped at the fastest pace in 4 1/2 years after prices increased and deliveries on behalf of internet-based retailers rose. The stock gained to an eight-month high.

Richard Weiss | Bloomberg News
August 4, 2016
Business, Logistics

North American Intermodal Freight Declines for First Time Since 2009

Intermodal freight shipments fell 6.1% in the second quarter, ending 25 consecutive year-over-year increases, hurt by fewer international and trailer shipments, the Intermodal Association of North America reported.

August 3, 2016
Business, Logistics

Expeditors International of Washington Reports 1.5% Drop in Profits

Logistics provider Expeditors International of Washington reported second-quarter profits fell 1.5% compared to the same period last year due to lower yields from airfreight and ocean freight operations.

August 2, 2016
Logistics

Norfolk Southern, Canadian National Earnings Slip in Second Quarter

Weaker energy-related freight shipments led two more North American railroads to report lower second-quarter earnings, including a decline of 6% at Norfolk Southern Corp. and 3% at Canadian National Railway.

July 27, 2016
Business, Logistics

TransForce Pursues US Truckload Acquisition

Canadian company TransForce Inc. is actively seeking a substantial U.S. truckload market acquisition, CEO Alain Bedard said on a conference call  during which the diversified freight and package carrier reported lower second-quarter earnings.

July 25, 2016
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