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Logistics News
Business, Logistics

Universal Truckload’s Earnings Decline in 3Q

Universal Truckload Services Inc.’s third-quarter earnings slipped to $13.1 million, or 44 cents per share, from $13.7 million, or 46 cents, a year ago.

Seth Clevenger | Managing Editor, Features and Multimedia
October 24, 2014
Business, Logistics

Hub Group’s 3Q Income Declines on Charges

Hub Group Inc. said its third-quarter income declined due to driver-settlement and software-development charges.

Michael G. Malloy | Web Editor
October 24, 2014
Business, Logistics

Union Pacific’s Income Rises to $1.37 Billion

Union Pacific Corp.’s third-quarter net income rose to $1.37 billion, or $1.53 per share, from $1.15 billion, or $1.24, during the same time last year.

October 23, 2014
Logistics

Norfolk Southern’s 3Q Income Rises

Norfolk Southern Corp. said its third-quarter profit increased 16% and revenue rose 7%.

October 22, 2014
Business, Logistics

Guardrail Maker Defrauded US of $175 Million and Created Hazard, Jury Says

Secret changes by Trinity Industries Inc. to its guardrail systems were found by a jury to have cheated the U.S. government, exposing the company to $1 billion in liability and sending shares plummeting as states question the safety of the product.

October 21, 2014
Government, Business, Logistics

Kansas City Southern’s Third-Quarter Income Rises

Kansas City Southern’s third-quarter net income rose to $138 million, or $1.25 a share, from $119 million, or $1.07, a year ago.

October 21, 2014
Business, Logistics

Antares Introduces New Flatbed Trailer

Specialty trailer manufacturer Antares Equipment recently introduced a new 48-foot flatbed trailer with a fixed wide-spread air suspension.

Seth Clevenger | Managing Editor, Features and Multimedia
October 20, 2014
Business, Logistics

Canadian Pacific Confirms End of Merger Talks With CSX

Canadian Pacific Railway Ltd. said talks about a possible merger with CSX Corp. have ended and no further conversations are planned.

October 20, 2014
Business, Logistics

CP Seeks Rail Merger with CSX, Reports Say

Canadian Pacific Railway Ltd. reportedly is pursuing CSX Corp. at a time when the U.S. regulators who would have to approve such a move are showing increasing frustration with today’s delay-plagued rail environment.

October 20, 2014
Business, Government, Logistics

Consumer Sentiment Reaches 7-Year High

Consumer confidence in the U.S. unexpectedly rose in October to the highest level in seven years, showing a brightening in Americans’ moods as gas prices drop and the labor market gains traction.

October 17, 2014
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