Swift Transportation Co., in its first public earnings statement since going public late last year, said its fourth-quarter net loss was less than that of a year earlier and that its operating revenue improved.
January 25, 2011Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Kansas City Southern’s 4Q Profit Grows
Kansas City Southern said it earned $51.8 million, or 50 cents a share, in its fourth quarter, compared with $32.3 million, or 34 cents, the previous year.
January 27, 2011Norfolk Southern’s 4Q Profit Improves
Norfolk Southern Corp.’s fourth-quarter and annual net income rose from the same periods a year earlier and it said it was boosting its quarterly dividend.
January 26, 2011Canadian Pacific’s Profit Improves
Canadian freight railroad Canadian Pacific’s fourth-quarter net income increased 27.1% to C$185.8 million, or C$1.09 per share, from C$146.2 million, or 87 cents, a year earlier.
January 26, 2011Swift’s Fourth-Quarter Loss Narrows
CN’s Profit Falls in 4Q, Grows in Year
Canadian National Railway Co. said its fourth-quarter net income fell 13.6% to C$503 million, or C$1.08 per share, from C$582 million or $1.23 per share, a year earlier.
January 25, 2011CSX’s 4Q, Full-Year Earnings Jump on Higher Volume
CSX Corp. said Monday its fourth-quarter profit jumped 42% on higher shipments from auto manufacturers and other industrial shippers.
January 24, 2011Canadian Rail Workers Drop CN Strike Threat
Canadian National Railway Co. reached a contract deal with the Canadian Auto Workers union Monday and the union dropped its threat to strike Tuesday, Reuters reported.
January 24, 2011USA Truck Plans to Install SkyBitz Trailer-Tracking Feature
Truckload carrier USA Truck said it will fit almost all of its trailers with a new tracking system.
January 24, 2011Union Pacific’s 4Q Profit Jumps 41%
Union Pacific Corp.’s fourth-quarter profit 41% on higher volume, the railroad said Thursday.
January 20, 20112010 Rail Freight Volumes Grow at Fastest Pace in 50 Years
North American rail freight volumes, led by intermodal, climbed out of the recession at a brisk pace in 2010, posting an 11% year-over-year growth rate that was the fastest pace in at least 50 years.
January 17, 2011