CSX Reports Jump in 1Q Income, Revenue
CSX Corp.’s first-quarter profit jumped 30% on higher prices and demand, the railroad said.
April 20, 2011England Logistics Chooses McLeod FMS
Third-party logistics provider England Logistics said Tuesday it has purchased McLeod Software’s Freight Management Solutions application.
April 19, 2011Hub Group Expands Business Offerings With $83 Million Purchase of Exel Unit
Hub Group Inc. on April 4 said it purchased Exel Transportation Services, another third-party freight provider, for $83 million to expand its business offerings.
April 11, 2011DHL Plans New York Delivery Fleet Powered Entirely by Alternative Fuels
DHL said it is taking the first step toward establishing a delivery fleet in New York City that is powered entirely by alternative fuels, in a move that it said will reduce emissions by at least 50%.
April 11, 2011Transplace Acquires SCO Logistics
Technology and logistics company Transplace, Frisco, Texas, said it acquired SCO Logistics, a Philadelphia-based third-party logistics company, for an undisclosed sum.
April 11, 2011Intermodal Traffic Jumps 19.4% for Week
Intermodal traffic jumped 19.4% last week compared from a year ago, the Association of American Railroads reported.
April 8, 2011Radiant Logistics Plans Purchase of DBA Distribution Services
Third-party logistics provider Radiant Logistics, Bellevue, Wash., said it agreed to acquire DBA Distribution Services, a Somerset, N.J. air-freight forwarder, for $12 million in cash and debt.
April 8, 2011Gaines Appointed CFO of YRC Inc.
Phil Gaines was appointed senior vice president and chief financial officer of YRC Inc., the national less-than-truckload operating subsidiary of YRC Worldwide, the company said.
April 4, 2011Hub Group Buys Exel Transportation Services
Logistics and intermodal firm Hub Group has purchased freight broker Exel Transportation Services for about $83 million, it said Monday.
April 4, 2011February Trailer Orders Double as Aging Equipment Is Replaced
Building on a surge of replacement demand that began last year, trailer manufacturers received orders for 21,990 new units in February — a 105% year-over-year increase.
April 4, 2011