Court Temporarily Blocks Ban on Owner-Operators at L.A. Port
A federal judge last week temporarily blocked a ban on owner-operators at the Port of Los Angeles, granting an injunction sought by American Trucking Associations.
November 1, 2010Infographic: 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.
TransForce Reports Higher 3Q Earnings
TransForce Inc., Canada's largest trucking company, said Friday its third-quarter profit rose to C$25 million as it cut costs to offset weak conditions across the industry, Bloomberg reported.
October 29, 2010Intermodal Traffic Increases for Week
Intermodal rose 13.6% last week from a year earlier, the Association of American Railroads said.
October 29, 2010Judge’s Temporary Ruling Backs ATA in L.A. Port Case
A federal judge has temporarily blocked a ban on owner-operators at the Port of Los Angeles, granting an injunction sought by American Trucking Associations.
October 28, 2010Norfolk Southern’s Profit Grows 47%
Norfolk Southern Corp. said its third-quarter profit increased 47% from a year ago.
October 28, 2010Canadian National’s Third-Quarter Income Rises 21%
Canadian National Railway Co. said its third-quarter net income rose 21% to C$556 million, or C$1.19 per share, from C$461 million or 97 cents per share, a year earlier.
October 27, 2010Intermodal Freight Volumes Remain Strong, Contributing to Strong 3Q Railroad Profits
The intermodal business is making a solid contribution to third-quarter rail profits, as volumes remain strong through the fall peak season for domestic freight, industry officials said.
October 25, 2010Union Pacific’s 3Q Earnings Rise 51%
Union Pacific Corp. said Thursday its third-quarter net income rose 51% compared with the same quarter last year, to $778 million, or $1.56 a share.
October 21, 2010Forward Air Reports Higher 3Q Income
Forward Air Corp. said late Wednesday its third-quarter net income rose to $8.9 million, or 31 cents per share, from $3.8 million, or 13 cents, a year ago.
October 20, 2010Hub Group’s Third-Quarter Earnings Grow
Logistics and intermodal firm Hub Group’s third-quarter profit jumped 28.3% to $12.6 million, or 34 cents a share, from $9.8 million, or 26 cents, a year ago.
October 20, 2010