Intermodal Traffic Continues to Improve
Intermodal rail traffic continued its upward trend last week, rising 13.2% from the same week last year, the Association of American Railroads said.
May 7, 2010Daily Briefings from Transport Topics
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Expeditors’ 1Q Profit Improves
Logistics firm Expeditors International of Washington’s first-quarter profit rose to $61.3 million, or 29 cents a share, from $59.3 million, or 28 cents, a year ago.
May 6, 2010Trailer Orders Jump 165% as Fleets See Freight Growth
Trailer orders in March soared 165% over the comparable month of 2009, ACT Research Co. reported last week, as the strengthening economy and the brighter picture for the freight industry drove fleets to boost orders over dismal year-ago levels for the sixth month in a row.
May 3, 2010Universal Truckload’s 1Q Income Improves
Universal Truckload Services’ first-quarter profit rose to $2.1 million, or 13 cents per share, from $100,000, or 1 cent, a year ago.
April 30, 2010Consumer Confidence Declines
U.S. consumer confidence fell this month, but was higher than previously estimated, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.
April 30, 2010Intermodal Traffic Grows for Week
Intermodal rail traffic rose 15.1% last week from the same week a year ago, the Association of American Railroads said.
April 30, 2010Norfolk Southern’s Profit Jumps
Norfolk Southern Corp. reported that its first-quarter profit rose 45% from a year ago.
April 28, 2010Canadian Pacific’s 1Q Profit Improves
Canadian freight railroad Canadian Pacific’s first-quarter net income jumped 74% to C$99.8 million, or 59 cents per share, from C$57.3 million, or 36 cents, a year earlier.
April 28, 2010Kansas City Southern’s 1Q Profit Rises
Kansas City Southern said it earned $32.6 million, or 34 cents a share, in its first quarter, compared with a loss of $8.1 million, or 9 cents, the previous year.
April 28, 2010Consumer Confidence Rises to Highest Level Since 2008
Consumer confidence grew this month to its highest level since September 2008, the New York-based Conference Board reported.
April 27, 2010