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.
Horizon Lines Reports $33.3 Million 1Q Loss
Horizon Lines Inc., the ocean carrier that provides service between the U.S. mainland and Alaska as well as other locations, said it lost $33.3 million in the fiscal first quarter ended March 27, a loss that was nearly three times greater than the comparable 2010 period.
Trailer Production in March More Than Doubles From 2010
Both orders and factory production of new commercial trailers more than doubled in March, compared with the same month of 2010 and leading to escalating prices and longer wait times, industry officials have said.
May 9, 2011Wabash Swings to First-Quarter Profit
Trailer manufacturer Wabash National Corp. reported a first-quarter profit on improved sales, turning around a loss from a year ago.
May 4, 2011North American Trailer Expands in Calif. With Acquisition
North American Trailer said it has acquired Fontana, Calif.-based Quality Fleet Repair, effective Sunday. Terms were not disclosed.
May 3, 2011Universal Truckload’s 1Q Profit Improves
Universal Truckload Services’ first-quarter income rose from a year ago as load volumes improved.
April 29, 2011Consumer Confidence Increases in April
Consumer confidence rose in April from a 16-month low, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
April 29, 2011Norfolk Southern’s 1Q Profit Improves
Norfolk Southern Corp.’s first-quarter profit rose from the same quarter last year on higher freight levels, the Eastern freight railroad said late Wednesday.
April 28, 2011Forward Air’s 1Q Income More than Doubles
Forward Air Corp.’s first-quarter net income rose to $7.9 million, or 27 cents a share, from $3.4 million, or 12 cents, a year ago.
April 21, 2011Union Pacific’s 1Q Income Rises 24%
Freight rail line Union Pacific Corp. said Wednesday its first-quarter profit rose 24% from a year ago on higher volume.
April 20, 2011Hub Group’s First-Quarter Income Rises
Logistics firm Hub Group’s first-quarter income improved on higher intermodal activity.
April 20, 2011