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XPO Reports 2Q Loss, Buys Ontario Logistics Firm
XPO Logistics reported a second-quarter loss and said it had acquired Canada-based Kelron Logistics for $8 million.
August 7, 2012
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Intermodal Traffic Rises 4.1% for Week
U.S. intermodal traffic rose 4.1% last week from a year ago, the Association of American Railroads reported.
August 3, 2012Trailer Orders Creep Upward as Backlogs Continue to Grow
New trailer orders edged up 1.3% to 13,615 in June from a year ago, ACT Research said, with most manufacturers continuing to report healthy backlogs.
August 6, 2012Wabash National Posts 2Q Profit as Trailer Shipments Rise
Wabash National Corp.’s second-quarter income slipped from a year ago on acquisition costs, but the company’s trailer sales rose.
August 1, 2012TransForce Reports Higher 2Q Profit
Canadian transportation firm TransForce Inc. said its second-quarter net income rose 30%, boosted by acquisitions.
July 30, 2012Consumer Confidence Drops to Lowest Level This Year
Consumer confidence dropped in July to the lowest level this year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
July 27, 2012Universal’s 2Q Income Rises; Will Buy Logistics Firm for $335 Million
Universal Truckload Services said Thursday its second-quarter profit improved and that it will buy third-party logistics firm LINC Logistics for $335 million.
July 26, 2012Frozen Food Express Swings to 2Q Profit
Frozen Food Express Industries reported a second-quarter profit, turning around a loss from a year ago, as its brokerage and logistics results improved.
July 25, 2012Norfolk Southern’s 2Q Profit Drops
Norfolk Southern Corp. said its second-quarter profit dropped 6%, but income from railway operations rose 7% to $934 million.
July 25, 2012C.H. Robinson Reports Higher 2Q Profit
C.H. Robinson Worldwide reported higher a second-quarter profit, led by improved performance in its logistics operations.
July 25, 2012