Swift Posts Third-Quarter Profit
Swift Transportation Co. reported a third-quarter profit compared with a loss a year ago, as its trucking, intermodal and brokerage segments all improved.
October 20, 2011Union Pacific’s 3Q Income Rises 16%
Union Pacific Corp.’s third-quarter profit increased 16% from a year ago as higher prices offset slower growth in shipments and fuel costs.
October 20, 20113PL Survey Projects Continued Growth
Logistics executives believe their businesses will continue to grow, while pressures to find new product sourcing options and talented workers will increase, a new survey has found.
October 20, 2011Kerry Logistics Wins Pact With Hugo Boss
Kerry Logistics Network has disclosed it has won a contract with Hugo Boss AG to manage distribution of the German fashion designer’s goods in China.
October 20, 2011Forward Air’s 3Q Income Improves
Forward Air Corp. said late Wednesday its third-quarter net income rose to $12.9 million, or 44 cents per share, from $8.9 million, or 31 cents, a year ago.
October 19, 2011CSX Reports Higher Third-Quarter Profit
CSX Corp. said its third-quarter net income rose to $464 million, or 43 cents per share, from $414 million, or 36 cents, a year ago.
October 19, 2011Tank Trailer Demand Booming, Spurred by Oil and Gas Drilling
A surge in tank truck business, spurred by oil and shale gas drilling, is fueling an “incredibly hot” market for tank trailers to haul crude oil, sand and related products, industry officials said.
October 17, 2011Consumer Confidence Drops
Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
October 14, 2011Intermodal Traffic Rises 2.4% for Week
U.S. intermodal traffic rose 2.4% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.
October 14, 2011FedEx Ground Expands Network with New Distribution Hub
FedEx Ground, the small-package ground unit of FedEx Corp., on Wednesday announced the opening of a new $100 million distribution hub.
October 13, 2011