Pacer Reports Higher 3Q Profit, Boosts Outlook
Pacer International on Thursday reported higher third-quarter profit and raised its full-year earnings outlook.
October 27, 2011Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Norfolk Southern Reports Higher 3Q Profit
Norfolk Southern Corp.’s third-quarter profit rose 24 percent from the same quarter last year, the Eastern freight railroad reported.
October 27, 20113PL Transplace Merges With Celtic International
Transplace Inc. has merged with intermodal marketing company Celtic International Inc. to create a $1 billion North American logistics provider.
October 27, 2011C.H. Robinson’s Third-Quarter Income Rises
Transportation and third-party logistics firm C.H. Robinson Worldwide said its third-quarter profit rose to $114 million, or 70 cents a share, from $103 million, or 62 cents, a year earlier.
October 26, 2011Hub Group’s Third-Quarter Income Rises
Logistics firm Hub Group’s third-quarter income improved on higher intermodal activity.
October 26, 2011Canadian Railroads Report Mixed Earnings
Canada’s two biggest freight railroads reported mixed earnings this week.
October 26, 2011Kansas City Southern’s 3Q Profit Doubles
Kansas City Southern reported its third-quarter earnings rose to $100 million, or 91 cents a share, from $50 million, or 48 cents, the previous year.
October 26, 2011Consumer Confidence Sinks to Two-Year Low
Consumer confidence dropped in October to its lowest level since March 2009, the New York-based Conference Board said Tuesday.
October 25, 2011Truckers Complain About Slow Progress in Improving Intermodal Chassis Practices
GRAPEVINE, Texas — Intermodal truckers are seeing painfully slow progress on two long-standing and related issues — changes in the providers of chassis for container shipments and effective implementation of federal chassis safety rules, industry officials reported.
October 24, 2011Intermodal Traffic Rises 3% for Week
U.S. intermodal traffic rose 3% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.
October 21, 2011