Logistics
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Maersk Has Record Profit as Freight Business Surges
A.P. Moller–Maersk A/S, the Danish company that owns the largest ocean shipping line, announced record earnings on Feb. 23, powered by a rebounding international freight market.
LMS Acquires McCann’s Piggyback
Logistics Management Solutions, St. Louis, acquired intermodal marketing company McCann’s Piggyback Consolidation in Fenton, Mo., and formed a new business unit called Freight Management Solutions to provide intermodal and freight brokerage services.
March 4, 2011Andrews Logistics Names President
Logistics firm Andrews Logistics has named Brian Jarvis its president, it said Monday.
February 28, 2011Letters: Border Negotiations; Wrong Again, FMCSA
No one knows the Canada-U.S. border and the difficulties even the most trusted individuals and companies have had crossing it in the “security trumps trade” post-9/11 world than truckers. It’s not surprising, then, that truckers welcome the announcement from U.S. President Barack Obama and Canadian Prime Minister Stephen Harper that the two countries are embarking upon negotiations aimed at improved cooperation and coordination at the border.
February 28, 2011Supreme Court Orders New Review of CSX Challenge to Alabama Fuel Tax
The U.S. Supreme Court last week directed a lower court to reconsider a claim by freight railroad CSX Transportation Inc. that the Alabama fuel tax it pays is discriminatory because truckers are exempt from the same tax.
February 28, 2011TransForce Reports Higher 4Q Earnings
TransForce Inc., Canada's largest trucking company, said Friday it had a forth-quarter profit of C$35.6 million on higher revenue from its package delivery and specialized service segments, Reuters reported.
February 25, 2011Consumer Confidence Hits 3-Year High
Consumer confidence rose to a three-year high in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 25, 2011Expeditors’ Fourth-Quarter Profit Jumps
Logistics firm Expeditors International of Washington’s fourth-quarter profit jumped 40% to $96.5 million, or 45 cents a share, from $69.1 million, or 32 cents, a year earlier.
February 22, 2011Consumer Confidence Hits Three-Year High
Consumer confidence hit its highest level in three years in February, the New York-based Conference Board reported Tuesday.
February 22, 2011ATA, L.A. Port File Final Briefs With Court in Dispute on Use of Owner-Operators
Lawyers for American Trucking Associations and the Port of Los Angeles completed filing their written legal arguments last week over the port’s attempted ban on independent owner-operators.
February 21, 2011