Consumer Confidence Hits 3-Year High
Consumer confidence rose to a three-year high in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 25, 2011Infographic: 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.
Expeditors’ Fourth-Quarter Profit Jumps
Logistics firm Expeditors International of Washington’s fourth-quarter profit jumped 40% to $96.5 million, or 45 cents a share, from $69.1 million, or 32 cents, a year earlier.
February 22, 2011Consumer Confidence Hits Three-Year High
Consumer confidence hit its highest level in three years in February, the New York-based Conference Board reported Tuesday.
February 22, 2011ATA, L.A. Port File Final Briefs With Court in Dispute on Use of Owner-Operators
Lawyers for American Trucking Associations and the Port of Los Angeles completed filing their written legal arguments last week over the port’s attempted ban on independent owner-operators.
February 21, 2011England Logistics Buys Software Company
England Logistics said Tuesday it bought software maker TMS Technologies for an undisclosed sum.
February 18, 2011Two Logistics Providers Expand Through Acquisitions
Two logistics companies expanded through acquisitions, with a Philadelphia freight forwarder buying parts of two California firms and a Detroit-area company buying a Spanish firm.
February 18, 2011ATA, Port of L.A. File Final Court Briefs Over Use of Owner-Operators
American Trucking Associations and the Port of Los Angeles have completed filing written legal arguments over the port’s attempted ban on independent owner-operators.
February 18, 2011Intermodal Traffic Rises 18.5% for Week
A week after its first decline in a year, intermodal traffic rose 18.5% last week from a year ago, the Association of American Railroads reported.
February 18, 2011Forward Air’s 4Q Income Almost Doubles
Forward Air Corp. said late Monday its fourth-quarter net income almost doubled, to $11.8 million, or 41 cents per share, from $6.3 million, or 22 cents, a year earlier.
February 14, 2011Intermodal Growth Accelerates in 2010 as Truck Capacity Tightens, IANA Says
Intermodal traffic grew at the fastest pace in nearly three decades during 2010, and the combination of a strengthening economy and tightening truck capacity will spark further growth this year, the Intermodal Association of North America reported.
February 14, 2011