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.
Toronto-based transportation and logistics firm Vitran Corp.’s fourth-quarter profit was $5 million or 37 cents a share, compared with $5 million or 39 cents a year earlier.February 8, 2007
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.
Transportation and third-party logistics firm Pacer International’s fourth-quarter net income rose to $21.5 million or 57 cents a share, from $20.4 million or 54 cents a year earlier.February 8, 2007
Eastern freight railroad CSX Corp.’s intermodal unit plans to invest about $8 million to expand its Charlotte, N.C., terminal, the company said Wednesday.February 7, 2007
Transportation and logistics firm EGL Inc. said Wednesday that the private firm set to buy the bulk of EGL’s stock and take the company private pulled out of the $1.2 billion deal, citing concerns about EGL’s impending 2006 earnings report.February 7, 2007
Kansas City Southern railroad said Tuesday it earned $35.7 million or 41 cents a share in the fourth quarter, compared with earnings of $2.3 million or 3 cents a year earlier.February 6, 2007
FedEx Corp. said Monday it has integrated its 2006 acquisition of Watkins Motor Lines into its less-than-truckload network in the United States and Canada.February 5, 2007
There were an estimated 3,336 for-hire trucking companies based in Canada with annual revenues of $1 million or more in the second quarter of 2006, almost unchanged from the same quarter in 2005, Statistics Canada said Thursday.February 1, 2007
Freight forwarder Target Logistics’ fiscal second-quarter profit fell to $590,000 or 3 cents a share, from $976,000 or 5 cents in the previous second quarter.February 1, 2007
The National Association of Purchasing Management-Chicago’s manufacturing index fell in January to the first contraction since April 2003, NAPM said Wednesday.January 31, 2007
Transportation and logistics firm C.H. Robinson Worldwide's 2006 net income rose to $266.9 million or $1.53 a share, up from $203.4 million or $1.16 in 2005.January 30, 2007