TransForce Reports Lower 1Q Profit
Canadian transportation firm TransForce Inc. said its first-quarter net income dropped, on persistent softness in the economy.
April 19, 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.
Kansas City Southern’s 1Q Income Rises
Kansas City Southern’s first-quarter income rose to $104.2 million, or 94 cents a share, from $75.3 million, or 68 cents, a year ago.
April 19, 2013Intermodal Traffic Rises 3.3% for Week
U.S. rail intermodal traffic rose 3.3% to 241,987 units last week, over the same week a year ago, the Association of American Railroads said.
April 19, 2013Hub Group Reports Record 1Q Earnings
Hub Group Inc. late Thursday reported record first-quarter earnings on higher revenue at its intermodal, logistics and truck brokerage units.
April 18, 2013Union Pacific’s 1Q Profit Rises 11%
Union Pacific Corp. said Thursday its first-quarter profit rose 11%, as higher prices drove freight revenue up.
April 18, 2013CSX Reports Higher 1Q Profit
Eastern freight railroad CSX Corp. reported higher first-quarter profit from a year ago.
April 17, 2013Wheels 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, 2013Consumer 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, 2013Intermodal Traffic Rises 0.2% for Week
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, 2013Transportation 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, 2013