XPO Logistics reported profits skyrocketed 316% year-over-year in the third quarter, marking the eighth consecutive quarter in which the company surpassed year-ago levels.
November 1, 2017Logistics News
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.
E-Commerce Powers XPO’s Rise to Record Revenue, Profits in Third Quarter
C.H. Robinson, Hub Group Revenues Rise, Profits Fall
Rising contract prices for trucks impacted third-quarter results for logistics firms C.H. Robinson and Hub Group that saw weaker profits despite greater revenues.
October 31, 2017House ºÚÁϳԹÏÍøland Security Committee Calls for Increased Security Funding at LA, Long Beach Ports
While praising efforts to protect the Los Angeles and Long Beach ports from terrorist and cyber-attacks, members of Congress aired concerns Oct. 31 about threats to public safety and the economy if federal funding for maritime security programs isn’t raised to meet new threats.
October 31, 2017Port Houston Credits Teamwork With Other Ports for Strong Rebound From Harvey
The Port of Houston, closed for a week after Hurricane Harvey, rebounded sharply in September with a 22% year-over-year increase in container traffic that would have been impossible without the sacrifice of others, the top official at the port acknowledged.
October 31, 2017Teamsters Hold Public Picket Against CSX Future Health Benefits
A division of the Teamsters union held what it called an informational picket Oct. 30 against Jacksonville-based CSX Corp., saying the company is planning to “drastically reduce our health insurance benefits.â€
October 31, 2017Dave Manning Brings Work Ethic, Diplomacy to Role as ATA Chairman
NASHVILLE, Tenn. — People who know him say Dave Manning works hard, is extremely disciplined and comfortable with detail, eager to teach and a man who knows his mind yet appreciates the value of a mutually beneficial deal. Now he has the biggest platform of his life to put those qualities to use as the newly installed chairman of American Trucking Associations.
October 27, 2017Saia Overcomes Hurricanes Harvey, Irma to Post 4.2% Profit in 3Q
Hub Group Beats Estimates, Generates $1 Billion in Quarterly Revenue
Hub Group turned in better-than-expected results in the third quarter, with revenue topping $1 billion for the first time and beating analysts’ profit projections, although net income was down compared with the same period a year ago.
October 26, 2017Old Dominion Scores Win in 3Q Earnings, Surges Past Wall Street Forecasts
Old Dominion Freight Line Inc. reported a 20% climb in profits to $102.3 million, or $1.24 per share, in third-quarter profits. The results were 8 cents better than the Bloomberg News consensus forecast of analysts.
October 26, 2017China’s Uber-for-Trucks Apps Trade Barbs as Battle Turns Toxic
Harassing phone calls, spam text messages and police investigations — the fight between China’s Uber-for-trucks apps is getting nasty.
October 26, 2017Follow Us
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