Logistics News

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.
 

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Kansas City Southern鈥檚 4Q Profit Grows

Kansas City Southern said it earned $51.8 million, or 50 cents a share, in its fourth quarter, compared with $32.3 million, or 34 cents, the previous year.

January 27, 2011
BusinessLogistics

Norfolk Southern鈥檚 4Q Profit Improves

Norfolk Southern Corp.鈥檚聽fourth-quarter and annual net income rose from the same periods a year earlier and it said it was boosting its quarterly dividend.

January 26, 2011
BusinessLogistics

Canadian Pacific鈥檚 Profit Improves

Canadian freight railroad Canadian Pacific鈥檚 fourth-quarter net income increased 27.1% to C$185.8 million, or C$1.09 per share, from C$146.2 million, or 87 cents, a year earlier.

January 26, 2011
BusinessLogistics

Swift鈥檚 Fourth-Quarter Loss Narrows

Swift Transportation Co., in its first public earnings statement since going public late last year, said its fourth-quarter net loss was less than that of a year earlier and that its operating revenue improved.

January 25, 2011
BusinessLogistics

CN鈥檚 Profit Falls in 4Q, Grows in Year

Canadian National Railway Co. said its fourth-quarter net income fell 13.6% to C$503 million, or C$1.08 per share, from C$582 million or $1.23 per share, a year earlier.

January 25, 2011
BusinessLogistics

CSX鈥檚 4Q, Full-Year Earnings Jump on Higher Volume

CSX Corp. said Monday its fourth-quarter profit jumped 42% on higher shipments from auto manufacturers and other industrial shippers.

January 24, 2011
BusinessLogistics

Canadian Rail Workers Drop CN Strike Threat

Canadian National Railway Co. reached a contract deal with the Canadian Auto Workers union Monday and the union dropped its threat to strike Tuesday, Reuters reported.

January 24, 2011
BusinessLogistics

USA Truck Plans to Install SkyBitz Trailer-Tracking Feature

Truckload carrier USA Truck said it will fit almost all of its trailers with a new tracking system.

January 24, 2011
BusinessLogistics

Union Pacific鈥檚 4Q Profit Jumps 41%

Union Pacific Corp.鈥檚 fourth-quarter profit 41% on higher volume, the railroad said Thursday.

January 20, 2011
BusinessLogistics

2010 Rail Freight Volumes Grow at Fastest Pace in 50 Years

North American rail freight volumes, led by intermodal, climbed out of the recession at a brisk pace in 2010, posting an聽 11% year-over-year growth rate that was the fastest pace in at least 50 years.

January 17, 2011