TransForce Reports Lower 2Q Profit
Canadian transportation firm TransForce Inc. said Monday its second-quarter net income declined, and that it has reached an agreement to acquire an oil field carrier.
July 29, 2013Trailer Orders Jump in June But Lag Last Year by 7.1%
Fleets ordered 15,386 new trailers in June from U.S. manufacturers, an 8.6% increase from a year ago and the second monthly gain in the past three, ACT Research reported.
July 29, 2013Universal Truckload’s Profit Improves
Universal Truckload Services’ second-quarter operating income rose from a year ago.
July 26, 2013Echo Global Logistics’ Profit Rises
Echo Global Logistics said its second-quarter profit rose from a year ago, and its revenue improved.
July 26, 2013Consumer Confidence Rises in July
Consumer confidence rose this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
July 26, 2013Intermodal Volume Rises 2.8% for Week
Intermodal volume rose 2.8% for the week ended Saturday from the same week a year ago, the Association of American Railroads reported.
July 26, 2013Swift Reports Higher 2Q Net Income
Swift Transportation Co.’s second-quarter profit rose from a year ago on higher revenue at its truckload and intermodal operations.
July 25, 2013Transport Canada Enacts Emergency Rail Safety Rules in Wake of Quebec Crash
Transport Canada announced emergency railway safety rules in the wake of a deadly freight train crash in Quebec earlier this month.
July 24, 2013Canadian Railroads’ Earnings Improve
Canada’s two major freight railroads reported higher second-quarter earnings from a year ago on stronger rates and volume.
July 24, 2013XPO Agrees to Buy 3PD for $365 Million, Its Eighth Acquisition in 18 Months
Rapidly growing XPO Logistics Inc. agreed to buy 3PD Inc., a third-party logistics company, for about $365 million in the most expensive publicly disclosed transport-sector transaction this year.
July 22, 2013