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Logistics News
Business, Logistics

LinkAmerica Names Simone CEO

LinkAmerica Corp., a Tulsa, Okla., trucking and logistics company, has named John Simone its new CEO.

August 19, 2011
Business, Logistics

Intermodal Traffic Rises 0.8% for Week

Intermodal traffic rose 0.8% last week on higher container traffic, the Association of American Railroads reported.

August 19, 2011
Business, Logistics

Express-1 Reports Lower 2Q Earnings

Express-1 Expedited Solutions said its second-quarter profit fell 39.2% to $914,000, or 3 cents per share, from $1.5 million, or 5 cents, a year ago.

August 16, 2011
Business, Logistics

Trailer Bridge Reports Second-Quarter Loss

Trailer Bridge Inc. reported a second-quarter loss of $3.6 million, or 30 cents a share, compared with net income of $900,000, or 7 cents, a year ago.

August 15, 2011
Business, Logistics

Express-1 To Be Acquired By Equity Firm

Express-1 Expedited Solutions, a provider of brokerage and forwarding services, said it has scheduled a Sept. 1 shareholders’ meeting to approve a takeover by Jacobs Private Equity, a firm controlled by investor Bradley Jacobs.

August 12, 2011
Business, Logistics

Weekly Intermodal Traffic Rises 1.9%

Intermodal traffic rose 1.9% last week, the Association of American Railroads reported.

August 12, 2011
Business, Government, Logistics

Consumer Confidence Falls to 31-Year Low

Consumer confidence plummeted in August to its lowest level since May 1980, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

August 12, 2011
Business, Logistics

Equity Firm Buys ADS Logistics

Linx Partners has acquired ADS Logistics Co., a provider of trucking, warehouse and intermodal services to the metals industry.

August 12, 2011
Business, Logistics

MIQ Acquires UK Logistics Company

MIQ Logistics said it has acquired The Logistics Corp., a retail logistics company based in the United Kingdom. Terms were not disclosed.

August 12, 2011
Business, Logistics

Intermodal Volume Rises 6.5% in Second Quarter

Intermodal traffic volume rose 6.5% in the second quarter, the Intermodal Association of North America said.

August 10, 2011
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