Logistics
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.
Echo Global Logistics’ 3Q Income Increases
Echo Global Logistics said its third-quarter profit grew 30.2% to $3.4 million, or 15 cents per share, from $2.6 million, or 12 cents, a year ago.
October 28, 2011Consumer Confidence Improves
Consumer confidence rose this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
October 28, 2011Intermodal Traffic Rises 4.6% for Week
U.S. intermodal traffic rose 4.6% for the week ended Saturday from a year ago, the Association of American Railroads said.
October 28, 2011Pacer Reports Higher 3Q Profit, Boosts Outlook
Pacer International on Thursday reported higher third-quarter profit and raised its full-year earnings outlook.
October 27, 2011Norfolk 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, 2011