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Logistics News
Business, Logistics

C.H. Robinson Acquires European Freight Forwarder

Third-party logistics firm C.H. Robinson Worldwide said that it had acquired London-based Walker Logistics Overseas, an international freight forwarder.

July 22, 2009
Business, Safety, Government, Logistics

C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $92 million, or 54 cents a share, up slightly from $90 million, or 52 cents a share, a year ago.

July 21, 2009
Business, Logistics

Canadian National's 2Q Income Falls 16%

Canadian National Railway said late Monday its second-quarter net income fell 16% to C$387 million, or 82 cents a share, from C$459 million, or 95 cents, a year ago.

July 21, 2009
Business, Government, Technology, Logistics

Crane Leverages Loss of EGL into New Logistics Success

HOUSTON — During the second half of 2007, when the U.S. economy and stock market were at their respective peaks, a colleague of James Crane said he was — for a brief while — bitter and unhappy. But as gross domestic product and the value of stocks, housing and other assets fell dramatically, the smile returned to Crane’s face as he realized the comfort of cash — hundreds of millions of dollars of it.

July 20, 2009
Fuel, Business, Logistics

Standards Group Votes Against Pump Gauges for ‘Hot Fuel’

The National Conference on Weights and Measures has voted not to require temperature gauges to measure fuel output on retail pumps.

July 17, 2009
Business, Government, Safety, Logistics

Opinion: The Fatigue Checklist — Scant Science

Get a group of truckers together anywhere in this country, and Minnesota’s “Fatigued Driving Evaluation Checklist” is bound to come up. The 75-item list gained national prominence when the Owner-Operator Independent Drivers Association sued the Minnesota State Patrol in federal court in an attempt to stop its use.

July 17, 2009
Business, Logistics, Government

Carter Logistics Opens Cross-Dock in Mich.

Third-party logistics firm Carter Logistics said it has opened a new cross-dock facility in Romulus, Mich.

July 15, 2009
Business, Logistics

Yucaipa Cos. Acquires 49% Stake in Eimskip Cold Storage Business

The Yucaipa Cos., a private equity firm, bought a 49% stake in Versacold International Corp., an operator of temperature-controlled warehouses, from Icelandic shipping and logistics company Hf. Eimskipafelag Islands, or Eimskip.

July 15, 2009
Business, Fuel, Logistics

CSX Profit Falls 20% in Second Quarter

Freight railroad CSX Corp. said its second-quarter profit fell 20% as fuel surcharges and shipments dropped.

July 14, 2009
Business, Logistics

CEVA Recruits Ryan as First COO

CEVA Logistics has appointed Matthew Ryan its first chief operating officer, the company announced on July 2. He will manage the company’s global operations team and be responsible for global procurement, CEVA said.

July 14, 2009
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