Consumer Confidence Rises to Seven-Month High
Consumer confidence rose to a seven-month high in September, the New York-based Conference Board said Tuesday.
September 25, 2012Swift Outlines 3Q Earnings Expectations
Swift Transportation Co. said last week its third-quarter earnings will be 20 to 23 cents a share.
September 24, 2012Shippers Turning to Asset-Based Carriers Ahead of Expected Tightening of Capacity
Shippers and carriers are considering putting more freight directly on asset-based carriers — potentially hurting middlemen who do not own trucks — as the supply of vehicles and drivers dwindles.
September 24, 2012Intermodal Traffic Gains 3.9% for Week
U.S. intermodal traffic rose 3.9% last week over the same week a year ago, the Association of American Railroads reported.
September 21, 2012C.H. Robinson to Acquire Poland’s Apreo Logistics
Logistics company C.H. Robinson Worldwide Inc. announced it has agreed to acquire Polish freight forwarder Apreo Logistics S.A. No terms were disclosed.
September 20, 2012Intermodal Traffic Gains 3.1% for Week
U.S. intermodal traffic rose 3.1% last week over the same week a year ago, the Association of American Railroads reported.
September 14, 2012Rising Sun Systems Acquires Freight Brokerage Firm
Private holding company Rising Sun Systems said Thursday it has acquired freight broker Network FOB, Naples, Fla., which operates a network of independent freight agents across the U.S. and Canada. Terms were not disclosed.
September 13, 2012Report Questions Military Logistics Contract, Says DOD Has Failed to Monitor Program
A new report has raised questions about whether a Department of Defense contract to outsource freight shipments has produced huge savings claimed by Menlo Worldwide Logistics, in large part because of DOD’s failure to scrutinize the program closely.
September 10, 2012Intermodal Group Continues Making Plans for Motor Carrier-Based Chassis Pool
Efforts to create a motor carrier-based pool to provide intermodal chassis are continuing, though American Trucking Associations’ Intermodal Motor Carriers Conference said it has not yet decided how to accomplish that goal.
September 10, 2012Descartes Systems’ Fiscal 2Q Profit Dips
Trucking and logistics management provider Descartes Systems Group’s second-quarter net income fell from a year ago.
September 7, 2012