Expeditors’ 1Q Profit Improves
Expeditors International of Washington’s first-quarter profit rose 5% from a year ago, and the company said it sees “cause for optimism” for the rest of the year.
May 2, 2013Logistics Provider Says New Website to Speed Getting Quotes
Third-party logistics provider Interstate Logistics Group said it has launched an automated freight quotation service called QuoteMyTruckload.com.
May 1, 2013Ridge Corp. Buys Freight Wing
Ridge Corp., which makes fiber reinforced thermoplastics for the transportation industry, said it has acquired trailer-skirt manufacturer Freight Wing. Terms were not disclosed.
May 1, 2013Wabash Reports Improved 1Q Income; Predicts Pickup in Trailer Shipments
Trailer manufacturer Wabash National Corp. said its first-quarter income improved, and the company said it expects a “significant increase” in trailer shipments in the second quarter.
May 1, 2013Penske Automotive Reports Record Earnings
Penske Automotive said its first-quarter income and earnings per share were the highest in its history, while Penske Logistics announced it won a bid to manage a BMW distribution center in Pennsylvania.
May 1, 2013Trailer Orders Decline 12.2% During March, But Backlogs Remain Healthy, ACT Says
March trailer orders fell 12.2% from a year ago due to sluggish U.S. economic growth, ACT Research reported, but trailer makers reported continuing healthy order backlogs.
April 29, 2013Shippers Say Reliability as Critical as Costs When Selecting Carriers to Move Freight
ORLANDO, Fla. — Shippers attending Nasstrac’s annual meeting here stressed the importance of reliability, service and relationships, even as cost remains the top concern.
April 29, 2013Tank Material Innovations Extend Trailer Service Life
As tank fleets replace their long-lived trailers, they are turning to vehicles that take advantage of several innovations in recent years to increase strength, reduce weight, resist corrosion and better protect products, according to carriers and manufacturers.
April 29, 2013Intermodal Traffic Rises 0.6% for Week
U.S. rail intermodal traffic rose 0.6% to 240,698 units last week, over the same week a year ago, the Association of American Railroads said.
April 26, 2013Universal Truckload’s Profit Declines
Universal Truckload Services’ first-quarter income fell from a year ago on a change in tax status, the truckload carrier said.
April 25, 2013