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Logistics News
Business, Government, Logistics

Consumer Confidence Rises to Five-Year High

Consumer confidence rose to a five-year high in October, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

October 26, 2012
Business, Logistics

Intermodal Traffic Gains 3.5% for Week

U.S. intermodal traffic rose 3.5% last week over the same week a year ago, the Association of American Railroads reported.

October 26, 2012
Business, Logistics

Universal Truckload’s 3Q Profit Improves

Universal Truckload Services said its third-quarter net income rose slightly from a year ago.

October 26, 2012
Business, Logistics

XPO Buys Turbo Logistics for $50 Million

XPO Logistics said Thursday it has purchased Turbo Logistics, the freight brokerage division of logistics company OHL, for $50 million.

October 25, 2012
Business, Logistics

England Logistics Buys Freight Broker

Third-party logistics provider England Logistics has acquired certain assets of freight broker Kampstra Transportation & Logistics.

October 25, 2012
Business, Logistics

TransForce Reports Higher 3Q Profit

Canadian transportation firm TransForce Inc. said its third-quarter net income almost tripled, boosted by acquisitions.

October 24, 2012
Business, Logistics

Swift’s 3Q Net Income Falls

Swift Transportation’s third-quarter net income fell 10% to $27.9 million, or 20 cents per share, from $31.0 million, or 22 cents per share, in the third quarter as freight volume weakened and fuel costs rose.

October 23, 2012
Business, Logistics

Menlo Awarded Contract Extension from DOD for Outsourcing Military Freight Shipments

The U.S. Transportation Command said it has awarded Menlo Worldwide Logistics a one-year extension on its contract to outsource military freight shipments nationwide.

October 22, 2012
Business, Logistics

Kansas City Southern’s 3Q Income Falls

Kansas City Southern’s third-quarter income fell to $91 million, or 83 cents a share, from $100 million, or 91 cents, a year ago.

October 19, 2012
Business, Logistics

Forward Air’s Income Slips; Revenue Rises

Forward Air Corp. said its third-quarter net income slipped from a year ago, while revenue improved.

October 19, 2012
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