Consumer Confidence Rises for First Time in Four Months
Consumer confidence rose for the first time in four months in February, the New York-based Conference Board said Tuesday.
February 26, 2013Logistics Consolidations Expand, Driven by Trend to Outsource
Logistics businesses have combined at a brisk pace so far this year, with no less than 10 reported transactions as companies scoop up rivals, extend into new markets or change their corporate strategy altogether.
February 25, 2013Universal Truckload’s 4Q Profit Declines
Universal Truckload Services’ fourth-quarter and full-year income fell from a year ago, the truckload carrier said.
February 22, 2013Intermodal Traffic Rises 13.6% for Week
U.S. rail intermodal traffic rose 13.6% last week over the same week a year ago, the Association of American Railroads said.
February 22, 2013Maersk Reports $975 Million 4Q Profit
A.P. Moller-Maersk said Friday it had fourth-quarter earnings of $975 million on improved rates in its container subsidiary, the Associated Press reported.
February 22, 2013Intermodal Freight Hits Record High in 2012, Powered by Domestic Containers, IANA Says
Intermodal freight in North America set an all-time record of 14.6 million shipments in 2012, powered by continued growth in domestic container shipments during the fourth quarter, the Intermodal Association of North America announced.
February 18, 2013Consumer Confidence Rises in February
Consumer confidence rose in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 15, 2013Multi Group Logistics to Lease 250 Vans From Xtra Lease
Chicago-based Multi Group Logistics completed a deal to lease 250 dry-van trailers from Xtra Lease, the lessor said.
February 15, 2013Intermodal Traffic Rises 7.7% for Week
U.S. rail intermodal traffic rose 7.7% last week over the same week a year ago, the Association of American Railroads said.
February 15, 2013Cardinal Merges With Greatwide Logistics Services
Third-party logistics company Cardinal Logistics Management Inc. said it has merged with Greatwide Logistics Services. Terms were not disclosed.
February 14, 2013