TransForce Reports Higher 3Q Profit
Canadian transportation firm TransForce Inc. said its third-quarter net income almost tripled, boosted by acquisitions.
October 24, 2012Swift’s 3Q Net Income Falls
Swift Transportation’s third-quarter net income fell 10% to $27.9 million, or 20 cents per share, from $31.0 million, or 22 cents per share, in the third quarter as freight volume weakened and fuel costs rose.
October 23, 2012Menlo Awarded Contract Extension from DOD for Outsourcing Military Freight Shipments
The U.S. Transportation Command said it has awarded Menlo Worldwide Logistics a one-year extension on its contract to outsource military freight shipments nationwide.
October 22, 2012Kansas City Southern’s 3Q Income Falls
Kansas City Southern’s third-quarter income fell to $91 million, or 83 cents a share, from $100 million, or 91 cents, a year ago.
October 19, 2012Forward Air’s Income Slips; Revenue Rises
Forward Air Corp. said its third-quarter net income slipped from a year ago, while revenue improved.
October 19, 2012Union Pacific’s 3Q Income Rises, CSX’s Slips
Two of the largest U.S. freight railroads reported third-quarter results, with intermodal revenue rising at both companies.
October 18, 2012Meritor Axles Named Standard Equipment on Wabash Trailers
Component maker Meritor Inc. said Wednesday that Wabash National has selected Meritor trailer axles to be standard equipment on all Wabash trailers.
October 17, 2012Norfolk Southern Opens Alabama Intermodal Terminal
Norfolk Southern said it has opened a new intermodal facility in McCalla, Ala., to serve as part of an intermodal freight rail route between the Gulf Coast and the Northeast.
October 17, 2012Consumer Confidence Rises in October
Consumer confidence rose in October, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
October 12, 2012Intermodal Traffic Gains 3.8% for Week
U.S. intermodal traffic rose 3.8% last week over the same week a year ago, the Association of American Railroads reported.
October 12, 2012