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Logistics News
Business, Logistics

Weekly Intermodal Traffic Rises 0.9%

Intermodal volume rose 0.9% for the week ended Saturday from the same week a year ago, the Association of American Railroads reported.

July 19, 2013
Business, Logistics

Kansas City Southern’s 2Q Income Drops

Kansas City Southern’s second-quarter net income fell to $15 million, or 14 cents a share, from $120 million, or $1.09, a year ago.

July 19, 2013
Business, Logistics

South Florida Logistics Co. Appoints New CEO

South Florida Logistics Services said it has hired 30-year industry veteran Chris Scott as its new CEO.

July 19, 2013
Business, Logistics

Union Pacific Reports Record 2Q Profit

Union Pacific Corp. said Thursday its second-quarter profit rose 10% to an all-time high, despite carloads dipping 1% in in the quarter.

July 18, 2013
Business, Logistics

CSX Reports Higher Second-Quarter Profit

CSX Corp.’s second-quarter earnings rose to $535 million, or 52 cents a share, from $512 million, or 49 cents, a year ago.

July 17, 2013
Business, Logistics

Mexico Plans to Invest $100 Billion in Ports, Rail, Roads

The Mexican government said it would invest close to $100 billion in road, port and rail projects over the next five years, the Associated Press reported.

July 17, 2013
Business, Logistics

XPO Logistics to Buy 3PD for $365 Million

XPO Logistics said Monday it has agreed to buy supply chain services company 3PD Inc. for about $365 million.

July 15, 2013
Business, Logistics, Equipment

U.S., Canada Truckers Eye Cabotage Change to Liberalize Movement of Empty Trailers

U.S. and Canadian trucking officials said an agreement allowing truckers to move empty trailers within the other country could result from their governments’ efforts to improve cross-border trade.

July 15, 2013
Business, Logistics

Weekly Intermodal Traffic Increases 1.1%

Weekly intermodal volume increased by 1.1% for the week ended Saturday from a year ago, the Association of American Railroads reported.

July 12, 2013
Business, Logistics

United Vision Logistics Restructures

Heavy-haul and hazardous-materials carrier United Vision Logistics said it has reorganized its ownership.

July 11, 2013
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