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Logistics News
Business, Logistics

Canadian Trucking Firms Report 1Q Income Drops Due to Harsh Winter

Canadian firms TransForce Inc. and Mullen Group reported lower first-quarter net income due in part to harsh winter weather.

April 29, 2014
Business, Logistics

BNSF, CP Pledge to Provide Trains to Ship Fertilizer to US Farmers

The two main railroads serving the oil-producing states in the Upper Midwest have pledged to dedicate enough equipment to get adequate fertilizer shipments to farmers there in time for spring planting.

April 28, 2014
Business, Logistics

Swift Reports Lower First-Quarter Profit

Swift Transportation Co. reported its first-quarter net income fell 59% to $12.3 million, or 9 cents per share, as winter weather drove down profits.

April 25, 2014
Business, Logistics

Intermodal Rail Traffic Rises 7.6% for Week

U.S. rail intermodal traffic increased 7.6% in the week ended April 19 compared with the same week last year, the Association of American Railroads reported.

April 25, 2014
Business, Logistics

Echo Global Logistics’ 1Q Net Income Falls 18%; Revenue Improves

Echo Global Logistics’ first-quarter net income fell 18% to $2.4 million, or 10 cents per share, from $3 million, or 13 cents per share.

April 25, 2014
Business, Logistics

Norfolk Southern’s First Quarter Profit Declines

Norfolk Southern Corp. said its first-quarter profit declined and operating revenue dropped 2%.

April 23, 2014
Business, Logistics

Canadian Railroads’ 1Q Earnings Rise

Canada’s two major freight railroads reported higher first-quarter earnings from a year ago despite harsh winter conditions.

April 23, 2014
Business, Logistics

STB Pressures Two Railroads to Speed Fertilizer Shipments

BNSF Railway and Canadian Pacific Railway, the primary railroads in oil-rich North Dakota, last week came under federal pressure to accelerate fertilizer shipments to the region after delays on both lines slowed that freight as planting deadlines approach.

April 21, 2014
Business, Logistics

Hub Group Reports Lower 1Q Profit, Citing Weather

Hub Group Inc. said its first-quarter profit slipped from a year ago, citing “extreme weather in many markets,” although its revenue improved.

April 18, 2014
Business, Logistics

Intermodal Rail Traffic Rises 9.3% for Week

U.S. rail intermodal traffic increased 9.3% in the week ended April 12 compared with the same week last year, the Association of American Railroads reported.

April 18, 2014
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