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.
 

Government, Business, Logistics

U.S. Firm Buying Canada Cartage

A U.S. private-equity firm will buy trucking company Canada Cartage for C$140 million, the Canadian Press reported Friday.

May 4, 2007
Business, Logistics

Ceva Makes Offer for EGL

EGL Inc. said Thursday it has received an offer from Ceva Group to acquire stock of the Houston-based freight forwarder for $43 a share.

May 3, 2007
Business, Logistics

Expeditors’ 1Q Profit Rises

Logistics firm Expeditors International of Washington’s first-quarter profit rose 13% to $59.3 million or 27 cents a share, from $52.4 million or 24 cents a year ago.

May 3, 2007
Business, Logistics

Target Logistics’ Income Dips

Freight forwarder Target Logistics said Wednesday its fiscal third-quarter profit fell to $340,000 or 2 cents a share, from $610,000 or 3 cents a year ago.

May 2, 2007
Business, Logistics

Wabash Sees 1Q Income Drop

Trailer maker Wabash National Corp. reported first-quarter net income of $1 million or 3 cents a share, down from $4.3 million or 13 cents a year earlier.

May 1, 2007
Government, Business, Safety, Logistics

Contrans’ 1Q Income Dips

Canadian firm Contrans Income Fund’s first-quarter income dropped to C$8.1 million or 28 cents a unit, from C$9.7 million or 34 cents a year ago.

May 1, 2007
Business, Logistics

Chicago Manufacturing Activity Slows

A gauge of Chicago manufacturing activity fell in April, the National Association of Purchasing Management said Monday.

April 30, 2007
Business, Logistics, Government

Diesel Price Falls 2.6¢ to $2.851

The national average price of retail diesel slipped 2.6 cents to $2.851 a gallon last week, its first decline after three straight increases.

April 30, 2007
Business, Logistics

NS, KCS Report Mixed Results

Eastern freight railroad Norfolk Southern Corp.’s first-quarter profit fell, while Kansas City Southern said its net income nearly doubled.

April 26, 2007