England Logistics Buys Software Company
England Logistics said Tuesday it bought software maker TMS Technologies for an undisclosed sum.
February 18, 2011Two Logistics Providers Expand Through Acquisitions
Two logistics companies expanded through acquisitions, with a Philadelphia freight forwarder buying parts of two California firms and a Detroit-area company buying a Spanish firm.
February 18, 2011ATA, Port of L.A. File Final Court Briefs Over Use of Owner-Operators
American Trucking Associations and the Port of Los Angeles have completed filing written legal arguments over the port’s attempted ban on independent owner-operators.
February 18, 2011Intermodal Traffic Rises 18.5% for Week
A week after its first decline in a year, intermodal traffic rose 18.5% last week from a year ago, the Association of American Railroads reported.
February 18, 2011Forward Air’s 4Q Income Almost Doubles
Forward Air Corp. said late Monday its fourth-quarter net income almost doubled, to $11.8 million, or 41 cents per share, from $6.3 million, or 22 cents, a year earlier.
February 14, 2011Intermodal Growth Accelerates in 2010 as Truck Capacity Tightens, IANA Says
Intermodal traffic grew at the fastest pace in nearly three decades during 2010, and the combination of a strengthening economy and tightening truck capacity will spark further growth this year, the Intermodal Association of North America reported.
February 14, 2011Consumer Confidence Hits Eight-Month High
Consumer confidence rose to an eight-month high this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 11, 2011Express-1 Reports Improved 4Q Profit
Express-1 Expedited Solutions’ second-quarter profit rose to $820,000, or 2 cents per share, from $601,000, or 2 cents, a year earlier.
February 11, 2011Intermodal Traffic Takes First Dip in a Year
Intermodal traffic fell last week for the first time in a year, largely due to winter storm disruptions, the Association of American Railroads reported.
February 11, 2011Wabash Reports Fourth-Quarter Profit
Trailer manufacturer Wabash National Corp. reported a fourth-quarter operating profit compared with an operating loss a year ago, as new trailer shipments topped the high end of the company’s expectations.
February 9, 2011