Hub Group’s 1Q Earnings Increase
Logistics, intermodal and brokerage firm Hub Group’s first-quarter profit grew to $8.7 million, or 23 cents a share, from $6.2 million, or 17 cents, a year ago.
April 21, 2010Consumer Confidence Level Falls
U.S. consumer confidence held fell this month to its lowest level in five months, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.
April 16, 2010Opinion: ‘Remember Last Mile? You Should.
If transportation publications carried “Where are they now?” stories, last-mile delivery might be one of the first functions profiled.
April 16, 2010CSX’s First-Quarter Income Rises 22%
Eastern freight railroad CSX Corp. said its first-quarter net income earnings-per-share jumped 22% from a year ago, on higher shipping volumes.
April 14, 2010Wabash Gets Order for 4,000 Trailers from Prime Inc.
Wabash National Corp. said it has signed an agreement with refrigerated carrier Prime Inc. to supply Prime with 4,000 trailers over three years.
April 7, 2010Evans Distribution Systems Adds Facilities
Evans Distribution Systems, a third-party logistics operator, is adding new facilities in Lenexa, Kan., Houston and Memphis, Tenn.
April 5, 2010February Trailer Orders Surge
Trailer orders in February reached the highest level in two years, fueling manufacturers’ hopes that their business momentum is improving after 2009 production sank to a 34-year low, industry officials said.
April 5, 2010Intermodal Traffic Gains for Week
Intermodal rail traffic rose 12% last week from the same week a year ago, the Association of American Railroads said Thursday.
April 1, 2010Consumer Confidence Improves in March
Consumer confidence grew this month after falling last month to the lowest level since April 2009, the New York-based Conference Board reported.
March 30, 2010Fleets Install Aerodynamic Truck, Trailer Parts
Two fleets said they are installing equipment intended to reduce drag and cut fuel consumption.
March 29, 2010