Logistics

About Logistics News...

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.
 

Business, Logistics

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, 2011
Business, Government, Logistics

Consumer Confidence Improves

Consumer confidence rose this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

October 28, 2011
Business, Logistics

Intermodal 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, 2011
Business, Logistics

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, 2011
Business, Logistics

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, 2011
Business, Safety, Logistics

3PL 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, 2011
Business, Logistics

C.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, 2011
Business, Logistics

Hub Group’s Third-Quarter Income Rises

Logistics firm Hub Group’s third-quarter income improved on higher intermodal activity.

October 26, 2011
Business, Logistics

Canadian Railroads Report Mixed Earnings

Canada’s two biggest freight railroads reported mixed earnings this week.

October 26, 2011
Business, Logistics

Kansas 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