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Logistics News
Business, Logistics

Radiant Logistics’ Fiscal 4Q Profit Rises

Third-party logistics company Radiant Logistics’ fiscal fourth-quarter net income rose from a year ago.

September 27, 2012
Business, Logistics

Forward Air Lowers 3Q Outlook

Forward Air Corp. said its third-quarter earnings will be lower than the company originally estimated, as tonnage volumes became “inconsistent” in August following a strong start to the period.

September 25, 2012
Business, Logistics

Consumer Confidence Rises to Seven-Month High

Consumer confidence rose to a seven-month high in September, the New York-based Conference Board said Tuesday.

September 25, 2012
Business, Logistics

Swift Outlines 3Q Earnings Expectations

Swift Transportation Co. said last week its third-quarter earnings will be 20 to 23 cents a share.

September 24, 2012
Business, Logistics

Shippers Turning to Asset-Based Carriers Ahead of Expected Tightening of Capacity

Shippers and carriers are considering putting more freight directly on asset-based carriers — potentially hurting middlemen who do not own trucks — as the supply of vehicles and drivers dwindles.

September 24, 2012
Business, Logistics

Intermodal Traffic Gains 3.9% for Week

U.S. intermodal traffic rose 3.9% last week over the same week a year ago, the Association of American Railroads reported.

September 21, 2012
Business, Logistics

C.H. Robinson to Acquire Poland’s Apreo Logistics

Logistics company C.H. Robinson Worldwide Inc. announced it has agreed to acquire Polish freight forwarder Apreo Logistics S.A. No terms were disclosed.

September 20, 2012
Business, Logistics

Intermodal Traffic Gains 3.1% for Week

U.S. intermodal traffic rose 3.1% last week over the same week a year ago, the Association of American Railroads reported.

September 14, 2012
Business, Logistics

Rising Sun Systems Acquires Freight Brokerage Firm

Private holding company Rising Sun Systems said Thursday it has acquired freight broker Network FOB, Naples, Fla., which operates a network of independent freight agents across the U.S. and Canada. Terms were not disclosed.

September 13, 2012
Business, Logistics

Report Questions Military Logistics Contract, Says DOD Has Failed to Monitor Program

A new report has raised questions about whether a Department of Defense contract to outsource freight shipments has produced huge savings claimed by Menlo Worldwide Logistics, in large part because of DOD’s failure to scrutinize the program closely.

September 10, 2012
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