Swift Transportation Co. said its fourth-quarter profit fell as expenses such as salaries, supplies and claims increased.
January 27, 2014Search
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Hub Group’s 4Q Earnings Fall
Hub Group Inc. said its net income fell in the fourth quarter of 2013 but increased in the full year.
January 28, 2014
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
XPO Says It Will Sell Stock, Issues Preliminary 4Q Report
XPO Logistics Inc. said it plans to offer 15 million shares to finance the cash portion of its previously announced purchase of Pacer International Inc. for $335 million.
January 27, 2014December Trailer Orders Slip 4.5%
U.S. trailer manufacturers received 29,164 new orders in December, down 4.5% from the same month a year earlier but up 13.6% from November’s total, ACT Research Co. reported.
January 24, 2014Union Pacific’s Profit Rises on Volume Growth
Union Pacific Corp. said it had the best fourth-quarter and full-year results in company history as volume grew for the first time in six quarters.
January 23, 2014Safety Boards Fault Rail Hazmat Standards in US, Canada
The U.S. National Transportation Safety Board and the Transportation Safety Board of Canada issued recommendations Jan. 23 to improve the transportation of crude oil by rail on both sides of the border.
January 23, 2014Intermodal Rail Traffic Rises 8.2% for Week
U.S. rail intermodal traffic increased 8.2% in the week ended Jan. 18 compared with the same week last year, the Association of American Railroads reported.
January 24, 2014Odyssey Logistics & Technology Acquires Two Firms
Odyssey Logistics & Technology Corp. said it has acquired CMI Freight-Trans and Steel Wheel Transfer. Terms were not disclosed.
January 22, 2014Consumer Confidence Declines in January
Consumer confidence fell this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Jan. 17.
January 17, 2014CSX’s Income Falls in 4Q
CSX Corp. said Jan. 15 its fourth-quarter profit fell slightly from a year ago, but its revenue and volume increased.
January 16, 2014