Logistics News
Expeditors’ 2Q Profit Improves
Expeditors International of Washington said Tuesday its second-quarter profit rose 10% from a year ago on increased airfreight services revenue.
August 6, 2013Bill Would Allow Rail-Safety Technology Deadline Extension
Sen. John Thune (R-S.D.) has introduced legislation that would extend until 2020 a federal statutory deadline that freight railroads install collision-avoidance technology.
August 6, 2013Penske Wins Contract to Manage Kroger’s Indiana Distribution Center
Penske Logistics said it won a contract to manage Kroger’s 600,000 square foot refrigerated food distribution center in West Shelbyville, Ind.
August 2, 2013Intermodal Traffic Rises 2.4% for Week
Intermodal volume rose 2.4% for the week ended July 27, from the same week a year ago, the Association of American Railroads reported.
August 2, 2013XPO Logistics Reports 2Q Loss
XPO Logistics’ second-quarter loss widened from a year ago, but revenue more than tripled.
July 31, 2013Consumer Confidence Declines in July
Consumer confidence declined in July, the New York-based Conference Board said Tuesday.
July 30, 2013TransForce Reports Lower 2Q Profit
Canadian transportation firm TransForce Inc. said Monday its second-quarter net income declined, and that it has reached an agreement to acquire an oil field carrier.
July 29, 2013Trailer Orders Jump in June But Lag Last Year by 7.1%
Fleets ordered 15,386 new trailers in June from U.S. manufacturers, an 8.6% increase from a year ago and the second monthly gain in the past three, ACT Research reported.
July 29, 2013Universal Truckload’s Profit Improves
Universal Truckload Services’ second-quarter operating income rose from a year ago.
July 26, 2013Echo Global Logistics’ Profit Rises
Echo Global Logistics said its second-quarter profit rose from a year ago, and its revenue improved.
July 26, 2013