Kansas City Southern Posts Higher 1Q Profit
Kansas City Southern on Tuesday reported its first-quarter earnings rose to $75 million, or 68 cents a share, from $64 million, or 58 cents, the previous year.
April 24, 2012Canadian Railroads Report Higher Earnings
Canada’s two biggest freight railroads reported higher earnings for the first quarter.
April 24, 2012Intermodal Traffic Rises 1.6% for Week
U.S. intermodal traffic rose 1.6% for the week ended Saturday from a year ago, the Association of American Railroads said.
April 20, 2012Forward Air’s 1Q Income Rises
Forward Air Corp.’s first-quarter net income rose to $10.3 million, or 35 cents a share, from $7.9 million, or 27 cents, a year ago.
April 20, 2012Hub Group Reports Record 1Q Profit
Hub Group said its first-quarter income jumped 30% on higher intermodal and logistics revenue.
April 20, 2012Union Pacific’s 1Q Earnings Jump 35%
Union Pacific Corp. said Thursday its first-quarter profit rose 35%, boosted by higher intermodal revenue.
April 19, 2012More Carriers Using Brokers Than in 2011, TCP Study Says
About 33% of motor carriers used freight brokers in February to obtain higher-priced freight, a study from Transport Capital Partners said. During the same month in 2011, about 11% trucking companies turned to brokers.
April 19, 2012CSX Reports Gains in 1Q Income, Revenue
CSX Corp. on Tuesday said its first-quarter earnings rose on higher volume, pricing gains and fuel recovery.
April 17, 2012Navajo Express Expands Dry Van Operations
Navajo Express said it has expanded the operations of its dry van division, Digby Truck Lines, between the California coast and the Pacific Northwest.
April 17, 2012Capacity Expansions Among In-House Fleets to Be a Key Topic at NPTC Annual Meeting
The president of the National Private Truck Council said the 2012 Education Management Conference & Exhibition will include a focus on corporations expanding the capacity and capabilities of their in-house fleets.
April 16, 2012