Descartes Systems Acquires Exentra Transport
Logistics software provider Descartes Systems Group said it has acquired U.K. transportation software company Exentra Transport Solutions Ltd. No terms were disclosed.
November 15, 2012Intermodal Traffic Drops 6.2% for Week
U.S. rail intermodal traffic dropped 6.2% last week over the same week a year ago, the Association of American Railroads said.
November 9, 2012Consumer Confidence Rises in November
Consumer confidence rose in November, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
November 9, 2012Quality’s 3Q Income Rises
Tank truck carrier Quality Distribution said its third-quarter profit rose from a year ago on higher revenue.
November 7, 2012Expeditors’ Third-Quarter Profit Declines
Logistics firm Expeditors International of Washington said Tuesday its third-quarter profit declined from a year ago on a “convergence of industry challenges.”
November 6, 20123Q Intermodal Volume Rises 3.2%
Third-quarter intermodal traffic volume was 3.2% higher than a year ago, led by an 11.3% jump in domestic containers, the Intermodal Association of North America said.
November 6, 2012XPO Logistics Reports 3Q Loss
XPO Logistics reported a third-quarter loss of $3.1 million or 22 cents per share, compared with net income of $190,000 and a loss of $5.38, a year ago.
November 6, 20122012 TT Top 50 Logistics Companies: E-Commerce’s Steep Growth Drives Logistics Strategies
The rapid growth of e-commerce is forcing all kinds of businesses — from retailers and wholesale distributors to manufacturers and import-export companies — to change the way they distribute goods.
November 5, 2012Study Predicts Far More New Logistics Jobs Than Qualified Workers Over Next 4 Years
U.S. companies are expected to create more than 1 million logistics-related jobs in the next four years, but educational institutions are currently turning out a small fraction of the trained workers that will be needed, a new study shows.
November 5, 2012IANA, NITL Set Agendas for Annual Meetings; Highlights Include 15 Educational Sessions
The Intermodal Association of North America and The National Industrial Transportation League will hold concurrent meetings later this month as rail/truck freight volumes remain close to the peak year of 2006.
November 5, 2012