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.
 

Business, Logistics

CN, BNSF Report Lower Profit

Railroads Canadian National and Burlington Northern Santa Fe Corp. reported their first-quarter profits declined, even as revenue rose.

April 24, 2007

Infographic: Ryder’s Foundation for a Successful Freight Brokerage

Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.

Business, Logistics

Hub Group’s Earnings Rise

Third-party logistics company and freight broker Hub Group said late Thursday its first-quarter profit rose 25% to $11.4 million or 29 cents a share, from $9.1 million or 22 cents a share a year ago.

April 20, 2007
Business, Logistics

Union Pacific’s 1Q Profit Rises

Union Pacific Corp., the nation’s largest freight railroad, said Thursday its first-quarter profit rose 24% to $386 million or $1.41 per share, from $311 million or $1.15 last year.

April 19, 2007
Business, Logistics

CSX’s 1Q Profit Dips; Revenue Hits Record

CSX Corp. late Tuesday reported that its first-quarter profit fell 2%, due to slower freight demand and a sluggish economy.

April 18, 2007
Business, Logistics

CN Workers Begin Strike

Canadian National Railway Co.’s 2,800 union conductors and yard workers began rotating strikes Wednesday after rejecting a proposed one-year contract, Bloomberg reported.

April 12, 2007
Business, Safety, Government, Logistics

Exec Downplays Rail Takeovers

Norfolk Southern Corp. Chief Executive Officer Charles “Wick” Moorman told the Surface Transportation Board that buyout firms probably will not try to acquire major U.S. railroads because of opposition by rail management, Bloomberg reported.

April 12, 2007
Business, Logistics

3PL Revenue Tops $110 Billion

U.S. third-party logistics gross revenues topped $110 billion for the first time last year, according to a report on the 3PL industry released this week.

April 11, 2007
Business, Logistics, Autonomous

Justice OKs Trucking Survey

The Justice Department said Tuesday it will not oppose a proposal by the National Association of Small Trucking Companies to conduct an operational and financial survey of small- and medium-sized trucking firms.

April 10, 2007
Business, Safety, Government, Logistics

Pacer Sets Debt-Removal Plan

Transportation and third-party logistics firm Pacer International said Monday it has successfully completed the refinancing of its existing long-term debt.

April 9, 2007
Business, Logistics

NS Says 1Q Profit to Dip 3%

Norfolk Southern Corp. said its first-quarter earnings will be 3% lower than a year earlier, as its freight shipments declined.

April 5, 2007