XPO Reports Fourth-Quarter Loss
XPO Logistics reported a fourth-quarter loss of $10.6 million, or 37 cents per share, compared with a loss of $9.3 million, or 57 cents per share, a year ago. Revenue increased about 137% to $257.2 million.
February 25, 2014Consumer Confidence Declines in February
Consumer confidence declined in February, the New York-based Conference Board said Feb. 25.
February 25, 2014Retailers Revamping Distribution Strategies to Deliver Directly to Shoppers, Merchants Say
The world of retail shipping is being turned inside out, led by a high-tech-driven shift in goods transportation.
February 24, 2014Intermodal Rail Volume Drops 5.7%
U.S. rail intermodal traffic declined 5.7% in the week ended Feb. 15 compared with the same week last year, the Association of American Railroads reported.
February 21, 2014Intermodal Shipments Hit 15.5 Million to Reach Record in 2013, IANA Says
Intermodal freight capped its second consecutive record year with a 7% increase in shipments that were again led by domestic container moves, the Intermodal Association of North America announced.
February 17, 2014Intermodal Rail Traffic Grows Slightly for Week
U.S. rail intermodal traffic rose 0.6% in the week ended Feb. 8 compared with the same week last year, the Association of American Railroads reported.
February 14, 2014Intermodal Rail Traffic Hits Record in January
The weekly average intermodal rail volume for January rose to the highest level on record for the month, the Association of American Railroads reported.
February 7, 2014Union Pacific Names Lance Fritz President
Union Pacific Corp. announced that it has named Lance Fritz president of Union Pacific Railroad, its chief operating company.
February 6, 2014Wabash 4Q Net Income Drops
Wabash National Corp. reported its fourth-quarter net income dropped, but revenue increased.
February 6, 2014Forward Air Closes Central States Purchase
Forward Air Corp. said Feb. 6 it completed its $95.6 million acquisition of Central States Trucking Co. and Central States Logistics.
February 6, 2014