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.
Five States Seek $300 Million Federal Grant for Intermodal Development on East Coast
Five states have formed a coalition to seek a $300 million federal grant to help pay for intermodal development and improvements along the Norfolk Southern Railroad corridor that stretches from New Orleans to New York City.
November 9, 2009BirdDog Logistics Acquires Churchill Transport
Freight broker BirdDog Logistics Services said that it has acquired Churchill Transport Group, a third-party logistics firm.
November 6, 2009J.B. Hunt, Norfolk Southern Set Intermodal Deal
J.B. Hunt Transport Services said that it has reached a multi-year deal with Norfolk Southern Corp. in which the railroad will provide intermodal service for the carrier in the eastern U.S.
November 6, 2009Wabash National’s 3Q Operating Loss Narrows
Trailer manufacturer Wabash National Corp. said its third-quarter loss widened but its operating loss declined from the same quarter last year.
November 5, 2009Pacer’s 3Q Profit Falls
Transportation and third-party logistics firm Pacer International said its third-quarter profit fell to $600,000, or 2 cents per share, compared with $20.8 million, or 59 cents, a year earlier.
November 4, 2009Expeditors’ Third-Quarter Income Falls 33%
Logistics firm Expeditors International of Washington said Tuesday its third-quarter net income fell 33% to $57.8 million, or 27 cents a share, from $85.6 million, or 39 cents, a year ago.
November 3, 2009Wabash to Close Illinois Plant
Trailer maker Wabash National Corp. said Tuesday that it will sell its Anna, Ill., plant and consolidate operations into its Cadiz, Ky., plant.
November 3, 2009Diesel Gains 0.7¢ to $2.808 a Gallon as Increases Slow
Diesel fuel’s national average retail price rose for a fourth straight week, though its increase slowed from recent weeks in a 0.7 cent gain to $2.808 a gallon, the Department of Energy said Monday.
November 3, 2009State Coalition Seeks Fed Aid for Intermodal Terminals
Five states have formed a coalition to seek a federal grant to build intermodal terminals and make other improvements along the Norfolk Southern Railroad line stretching from New Orleans to New York City.
November 2, 2009Diesel Jumps 9.6¢ to $2.801
U.S. diesel prices continued to surge as the national average rose another 9.6 cents a gallon to $2.801 last week, the highest level in nearly a year, the Department of Energy said.
November 2, 2009