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Logistics News
Business, Logistics

Hub Group Expands Business Offerings With $83 Million Purchase of Exel Unit

Hub Group Inc. on April 4 said it purchased Exel Transportation Services, another third-party freight provider, for $83 million to expand its business offerings.

April 11, 2011
Business, Logistics

DHL Plans New York Delivery Fleet Powered Entirely by Alternative Fuels

DHL said it is taking the first step toward establishing a delivery fleet in New York City that is powered entirely by alternative fuels, in a move that it said will reduce emissions by at least 50%.

April 11, 2011
Business, Logistics

Transplace Acquires SCO Logistics

Technology and logistics company Transplace, Frisco, Texas, said it acquired SCO Logistics, a Philadelphia-based third-party logistics company, for an undisclosed sum.

April 11, 2011
Business, Logistics

Intermodal Traffic Jumps 19.4% for Week

Intermodal traffic jumped 19.4% last week compared from a year ago, the Association of American Railroads reported.

April 8, 2011
Business, Logistics

Radiant Logistics Plans Purchase of DBA Distribution Services

Third-party logistics provider Radiant Logistics, Bellevue, Wash., said it agreed to acquire DBA Distribution Services, a Somerset, N.J. air-freight forwarder, for $12 million in cash and debt.

April 8, 2011
Business, Logistics

Gaines Appointed CFO of YRC Inc.

Phil Gaines was appointed senior vice president and chief financial officer of YRC Inc., the national less-than-truckload operating subsidiary of YRC Worldwide, the company said.

April 4, 2011
Business, Logistics

Hub Group Buys Exel Transportation Services

Logistics and intermodal firm Hub Group has purchased freight broker Exel Transportation Services for about $83 million, it said Monday.

April 4, 2011
Business, Logistics

February Trailer Orders Double as Aging Equipment Is Replaced

Building on a surge of replacement demand that began last year, trailer manufacturers received orders for 21,990 new units in February — a 105% year-over-year increase.

April 4, 2011
Business, Logistics

Trailer Bridge Reports Fourth-Quarter Loss

Trailer Bridge Inc. reported a fourth-quarter loss of $2.9 million, or 24 cents per share, compared with a profit of $1 million, or 8 cents, a year ago.

April 1, 2011
Business, Logistics

Intermodal Traffic Rises 5.7% for Week

Intermodal traffic rose 5.7% last week compared with the same week a year ago, the Association of American Railroads reported.

April 1, 2011
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