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Logistics News
Business, Logistics

Universal 2Q Income Slips to $13.6 Million

Universal Truckload Services Inc. reported second-quarter net income declined to $13.6 million, or 45 cents per share, compared with $14.2 million, or  47 cents per share, a year ago.

July 24, 2014
Business, Logistics

Union Pacific Net Income Rises 17%

Union Pacific Corp.’s second-quarter net income rose 17% to $1.29 billion, or $1.43 per share, continuing a trend of profit growth reported by other railroads.

July 24, 2014
Business, Logistics

June Trailer Orders Jump 44%

New trailer orders jumped 44% in June from a year ago as high demand for new equipment continued into the summer, ACT Research reported.

July 23, 2014
Business, Logistics

Norfolk Southern’s 2Q Profit Rises 21%

Norfolk Southern Corp. said its second-quarter profit increased 21% and revenue rose 9%.

July 23, 2014
Business, Logistics

Canadian Railroads’ Second-Quarter Earnings Rise

Canada’s two major freight railroads reported higher second-quarter earnings from a year ago, recovering from challenging winter conditions last quarter.

July 23, 2014
Business, Logistics

Forward Air's Net Income Rises 24%

Forward Air Corp. increased net income to $17.2 million, Inc., a 24% improvement, helped by primarily increased freight volume.

July 22, 2014
Business, Safety, Government, Technology, Equipment, Logistics

Roadrunner Acquires Logistics Firm Integrated Services

Roadrunner Transportation Systems has acquired regional logistics firm Integrated Services for $13 million.

July 21, 2014
Business, Logistics

Hub Group’s Second-Quarter Profit Rises

Hub Group Inc. said its second-quarter net income increased to $18.7 million, or 51 cents a share, from $18.6 million, or 50 cents, in the comparable period last year. Revenue rose 7% to $894 million.

July 18, 2014
Business, Logistics

Intermodal Rail Traffic Rises 3.2% for Week

U.S. rail intermodal traffic increased 3.2% in the week ended July 12 compared with the same week last year, the Association of American Railroads reported.

July 18, 2014
Business, Logistics

CSX Net Income Rises 1.5%

CSX Corp. reported second-quarter net income rose 1.5% to $529 million, or 53 cents per share, helped by revenue increases in the intermodal, chemicals and agricultural products freight.

July 15, 2014
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