Logistics

About Logistics News...

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.
 

Business, Logistics

TT 100 For-Hire and Private Listings Available Online

The 2009 Transport Topics 100 for-hire and private listings are available online. The listings, available to download free, show the top 100 U.S. and Canadian carriers in each category.

August 11, 2009
Business, Logistics

Wabash Reduces 2Q Loss, Gets $35 Mln. in New Capital

Trailer maker Wabash National Corp. lost $17.9 million during the second quarter — an improvement of more than $10 million from the year’s first three months, when it lost $28.3 million — and announced the completion of a deal with a private equity firm that will give it $35 million in new capital.

August 10, 2009
Business, Safety, Government, Logistics

Pacer Reports Second-Quarter Loss

Transportation and third-party logistics firm Pacer International said it lost $7.3 million, or 21 cents per share, compared with a profit of $13.4 million, or 39 cents, a year earlier.

August 6, 2009
Business, Logistics

Wabash’s Second-Quarter Loss Widens

Trailer manufacturer Wabash National Corp. lost $17.9 million, or 59 cents a share, in the second quarter, compared with a loss of $3.2 million, or 11 cents, a year ago.

August 6, 2009
Business, Logistics

Wabash Completes $35 Million Capital Infusion

Trailer maker Wabash National Corp. said it has completed a $35 million investment in the company by a private equity firm.

August 4, 2009
Business, Logistics

Expeditors’ Second-Quarter Income Declines

Logistics firm Expeditors International of Washington said Tuesday its second-quarter net income fell 24% to $54.1 million, or 25 cents a share, from $71.3 million, or 32 cents, a year ago.

August 4, 2009
Business, Government, Safety, Fuel, Equipment, Logistics, Technology

Rule Won’t Require Overhaul of Braking Systems, Experts Say

The National Highway Traffic Safety Administration’s decision to cut the maximum allowed stopping distance for large trucks by 30% will increase truck buyers’ costs somewhat, but will not force a widespread shift to new technology such as air disc brakes, industry groups and manufacturers said.

August 3, 2009
Business, Logistics

Kansas City Southern Profit Shrinks in 2Q

Kansas City Southern said Thursday it earned $6.7 million, 7 cents a share, in its second quarter, compared with $50.2 million, or 56 cents, a year ago.

July 30, 2009
Business, Logistics

Canadian Pacific 2Q Income Grows on One-Time Charge

Canadian freight railroad Canadian Pacific’s second-quarter net income grew to C$157.3 ($145 million), or 93 Canadian cents a share, from $154.7 million ($142 million), or C$1 a share, a year ago.

July 30, 2009
Government, Business, Logistics

Norfolk Southern Profit Drops 45%

Norfolk Southern Corp. reported that their second-quarter profit fell 45% from a year ago.

July 29, 2009