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Logistics News
Business, Logistics

XPO Logistics Raises Funds, Says Results to Lag Forecasts

XPO Logistics, which recently completed $125 million in additional financing, said that its third-quarter results will not match analysts’ expectations.

October 4, 2012
Business, Logistics

Universal Buys Logistics Firm for $335 Million

Universal Truckload Services said it has completed the purchase of third-party logistics firm LINC Logistics for $335 million.

October 3, 2012
Business, Logistics

C.H. Robinson Sets New Chemical Logistics Unit

C.H. Robinson Worldwide said Monday it has formed a new ChemSolutions division to provide logistics services to chemical manufacturing and distribution customers.

October 1, 2012
Business, Logistics

Trailer Orders Rise 15%, Ending String of Monthly Drops

Trailer orders rose 15% in August from a year earlier, ACT Research reported, reversing a recent pattern of decline and fueling hope that the traditionally strong fourth quarter order pace will occur again this year.

October 1, 2012
Business, Logistics

More Universities Seek Industry Sponsors to Finance Transport Research, Experts Say

With federal funding of transportation research facing political and budgetary pressures, many schools and research institutions are turning to industry to support research ranging from alternative fuels to electronic networks that connect vehicles and roadway infrastructure in ways that could lead to fewer and less severe crashes, according to industry experts and academic sources.

October 1, 2012
Business, Logistics

Intermodal Traffic Gains 0.7% for Week

U.S. intermodal traffic rose 0.7% last week over the same week a year ago, the Association of American Railroads reported.

September 28, 2012
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
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