U.S. rail intermodal traffic rose 0.2% to 231,648 units last week over the same week a year ago, the Association of American Railroads said.
April 12, 2013BusinessLogistics
CSX Reports Higher 1Q Profit
Eastern freight railroad CSX Corp. reported higher first-quarter profit from a year ago.
April 17, 2013BusinessLogistics
Wheels Group’s 4Q Income Rises
Canadian logistics company Wheels Group said its fourth-quarter earnings before interest and taxes rose during a shortened reporting period.
April 15, 2013BusinessLogistics
Consumer Confidence Falls to Nine-Month Low
Consumer confidence fell in April to a nine-month low, according to the Thomson Reuters/University of Michigan consumer sentiment index.
April 12, 2013BusinessLogistics
Transportation Software Firm Merges With Transite Technology
Transportation software company 3Gtms said it has merged with Transite Technology, a logistics software provider. Terms were not disclosed.
April 10, 2013BusinessLogistics
Penske Logistics Upgrades Data Center
Penske Logistics said Tuesday it has completed a multimillion-dollar upgrade to its data center that serves all of its supply chain customers.
April 9, 2013BusinessLogistics
U.S. Military Reduces Scope of DTCI Cargo Program
The U.S. Army has removed all specialty and flatbed freight from its outsourced logistics Defense Transportation Coordination Initiative program because those freight categories have not produced the anticipated cost savings, Transport Topics has learned.
April 8, 2013BusinessLogistics
Intermodal Traffic Reaches Record for Month of March
U.S. rail intermodal traffic fell 3.8% last week but posted the highest volume for the month of March on record, the Association of American Railroads said.
April 5, 2013BusinessLogistics
Ceva Group’s 2012 Earnings Slip
Ceva Group, an international logistics service company based in the Netherlands, said its profit, excluding one-time items and other costs, fell 22% in 2012, hurt by customers’ shift of freight to less-expensive ocean shipping.
April 5, 2013BusinessLogistics
Lineage Logistics Acquires Seattle Cold Storage
Lineage Logistics said it has acquired Seattle Cold Storage and its facilities at Algona, Wash., and the Port of Tacoma, Wash. Terms were not disclosed.
April 4, 2013