Transportation and third-party logistics firm Pacer International鈥檚 first-quarter net income plunged 41% to $14.4 million or 15 cents a share, from $24.4 million or 36 cents a year ago.
May 4, 2007BusinessLogistics
EGL Says Ceva鈥檚 Offer 鈥楽uperior鈥 to CEO鈥檚
EGL Inc. said Monday that a $43 proposal by Ceva Group to acquire EGL is a 鈥渟uperior proposal鈥 to a proposal led by its chief executive officer.
May 7, 2007GovernmentBusinessLogistics
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, 2007BusinessLogistics
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, 2007BusinessLogistics
Expeditors鈥 1Q Profit Rises
Logistics firm Expeditors International of Washington鈥檚 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, 2007BusinessLogistics
Target Logistics鈥 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, 2007BusinessLogistics
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, 2007GovernmentBusinessSafetyLogistics
Contrans鈥 1Q Income Dips
Canadian firm Contrans Income Fund鈥檚 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, 2007BusinessLogistics
Chicago Manufacturing Activity Slows
A gauge of Chicago manufacturing activity fell in April, the National Association of Purchasing Management said Monday.
April 30, 2007