logistics News Updates

Business, Logistics

Express-1 Reports Lower 2Q Earnings

Express-1 Expedited Solutions said its second-quarter profit fell 39.2% to $914,000, or 3 cents per share, from $1.5 million, or 5 cents, a year ago.

August 16, 2011
Business, Logistics

Express-1 To Be Acquired By Equity Firm

Express-1 Expedited Solutions, a provider of brokerage and forwarding services, said it has scheduled a Sept. 1 shareholders’ meeting to approve a takeover by Jacobs Private Equity, a firm controlled by investor Bradley Jacobs.

August 12, 2011
Business, Logistics

Equity Firm Buys ADS Logistics

Linx Partners has acquired ADS Logistics Co., a provider of trucking, warehouse and intermodal services to the metals industry.

August 12, 2011
Business, Logistics

MIQ Acquires UK Logistics Company

MIQ Logistics said it has acquired The Logistics Corp., a retail logistics company based in the United Kingdom. Terms were not disclosed.

August 12, 2011
Business, Logistics

UniGroup Announces New Logistics Company

Transportation provider UniGroup Inc. has introduced a new logistics company, UniGroup Worldwide Logistics.

August 8, 2011
Business, Logistics

Broker Echo Global Logistics in Expansion Mode, CEO Says After 11th Deal Since 2007

Freight brokerage firm Echo Global Logistics is involved in an expansion strategy through acquisition, the CEO of the Chicago-based company said in an interview.

August 8, 2011
Business, Logistics

FreshStart Logistics Teams With Datatrac

FreshStart Logistics, a maker of transportation technology products, is partnering with counterpart Datatrac Corp.

August 5, 2011
Business, Logistics

FedEx Completes Acquisition of Mexico’s MultiPack

FedEx Corp. said it has completed the acquisition of Mexico’s Servicios Nacionales Mupa S.A de C.V., or MultiPack.

August 5, 2011
Business, Logistics

Echo Global Logistics’ 2Q Profit Rises

Echo Global Logistics said its second-quarter profit grew 50.3% to $2.9 million, or 13 cents per share, compared with $1.9 million, or 9 cents, a year ago.

August 3, 2011
Business, Logistics

Expeditors’ Second-Quarter Profit Improves

Logistics firm Expeditors International of Washington said Tuesday its second-quarter profit rose 5% to $95 million, or 44 cents a share, from $90.3 million, or 42 cents, a year ago.

August 2, 2011