Maersk Swings to First-Quarter Profit
A.P. Moller-Maersk reported a first-quarter profit compared with a loss a year ago, but revised its global container forecast downward, Bloomberg News reported.
May 20, 2013Infographic: 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.
Deutsche Post’s Quarterly Profit Declines
Deutsche Post AG, Europe’s largest package express carrier, said its first-quarter net income fell 5.9% to $648 million, Bloomberg News reported.
May 17, 2013Intermodal Traffic Rises 3.9% for Week
U.S. rail intermodal traffic rose 3.9% last week from the same week a year ago to 248,266 units, the Association of American Railroads reported.
May 17, 2013Radiant Logistics’ Third-Quarter Income Rises
Third-party logistics company Radiant Logistics’ fiscal third-quarter net income rose from a year ago, the company said.
May 15, 2013Intermodal to Stay Ahead of Economy, Experts Say
OAK BROOK, Ill. — Intermodal shipments in 2013 should continue growing faster than the economy because of increased shorter haul business, tightening truck capacity and the potential for more cross-border traffic with Mexico, industry experts said.
May 13, 2013Intermodal Traffic Rises 2.8% for Week
U.S. rail intermodal traffic rose 2.8% last week from the same week a year ago to 245,678 units, the Association of American Railroads reported.
May 10, 2013C.H. Robinson’s 1Q Profit Slips
C.H. Robinson Worldwide said its first-quarter net income fell slightly from a year ago on slower growth, though revenue improved.
May 8, 2013XPO Reports 1Q Loss, Buys Logistics Firm
XPO Logistics reported a first-quarter loss and said it had acquired Salt Lake City-based Interide Logistics for $3.1 million.
May 8, 2013Intermodal Traffic Rises 2.1% for Week
U.S. rail intermodal traffic rose 2.1% last week from the same week a year ago to 247,569 units, the Association of American Railroads said.
May 3, 2013Expeditors’ 1Q Profit Improves
Expeditors International of Washington’s first-quarter profit rose 5% from a year ago, and the company said it sees “cause for optimism” for the rest of the year.
May 2, 2013