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Business, Logistics

Forward Air’s 1Q Income More than Doubles

Forward Air Corp.’s first-quarter net income rose to $7.9 million, or 27 cents a share, from $3.4 million, or 12 cents, a year ago.

April 21, 2011
Business, Logistics

Union Pacific’s 1Q Income Rises 24%

Freight rail line Union Pacific Corp. said Wednesday its first-quarter profit rose 24% from a year ago on higher volume.

April 20, 2011
Business, Logistics

Hub Group’s First-Quarter Income Rises

Logistics firm Hub Group’s first-quarter income improved on higher intermodal activity.

April 20, 2011
Business, Logistics

CSX Reports Jump in 1Q Income, Revenue

CSX Corp.’s first-quarter profit jumped 30% on higher prices and demand, the railroad said.

April 20, 2011
Business, Logistics

England Logistics Chooses McLeod FMS

Third-party logistics provider England Logistics said Tuesday it has purchased McLeod Software’s Freight Management Solutions application.

April 19, 2011
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
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