Swift Files Registration for IPO
Swift Corp. said its wholly owned subsidiary Swift Holdings Corp. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering.
July 22, 2010Union Pacific’s 2Q Earnings Rise 53%
Union Pacific Corp. said Thursday its second-quarter net income rose 53% to $711 million, or $1.40 a share.
July 22, 2010Hub Group’s Second-Quarter Earnings Increase
Logistics and intermodal firm Hub Group’s second-quarter profit rose 16% to $9.6 million, or 26 cents a share, from $8.3 million, or 22 cents, a year ago.
July 21, 2010Marten’s Second-Quarter Income Rises 15%
Refrigerated truckload carrier Marten Transport’s second-quarter profit rose 15.2% as its logistics operations expanded.
July 20, 2010Greatwide Signs Contract With Coated Paper Maker
Greatwide Logistics Services said it has signed a contract with NewPage Corp., the nation’s largest maker of coated paper, for dedicated shipments in Wisconsin.
July 16, 2010Express-1 Names New Concert Group CEO
Express-1 Expedited Solutions has named Dan Para chief executive officer of Concert Group Logistics.
July 16, 2010Intermodal Traffic Jumps 19.2% in June
Intermodal rail traffic rose 19.2% for the month of June, the Association of American Railroads said, the largest year-to-year increase since AAR began keeping records in 1990.
July 15, 2010CSX Reports Higher 2Q Profit, Revenue
Eastern freight railroad CSX Corp.’s second-quarter profit jumped 36% on a stronger economy, the company said.
July 13, 2010Clerks Strike at Ports of L.A., Long Beach
Officials with the Port of Los Angeles and Long Beach said shipping terminals were open and operating this week during negotiations between terminal operators and a striking shipping clerks union.
July 9, 2010Intermodal Traffic Jumps 36.6% for Week
Intermodal rail traffic jumped 36.6% last week compared with a year ago, the Association of American Railroads said.
July 9, 2010