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Port Logistics Firms Announce Partnership

Port Logistics Group and Coastal Logistics Group on Thursday announced a partnership that extends the geographic reach and service offerings for both companies.

March 29, 2012

Opinion: We’re All in It Together

It has become something of a cliché that what followed the economic deregulation of trucking in the early 1980s was even more regulation, albeit in different forms.

March 26, 2012

Intermodal Traffic Rises 2% for Week

U.S. intermodal traffic increased 2% for the week ended Saturday from a year ago, the Association of American Railroads said.

March 23, 2012

UTi Worldwide’s 4Q Profit Declines

Air and freight forwarder UTi Worldwide said its fiscal fourth-quarter net income slipped to $12.4 million, or 12 cents a share, from $14.5 million, or 14 cents, a year earlier.

March 22, 2012

Trailer Bridge Emerges From Bankruptcy

Trailer Bridge Inc., which provides ocean shipping between Florida, Puerto Rico and the Dominican Republic, has emerged from Chapter 11 with Seacor Holdings as its new majority owner.

March 23, 2012

XPO Logistics Nets $137 Million from Stock Offering

XPO Logistics announced the closing of its public stock offering late Tuesday and said it received about $137 million in proceeds.

March 21, 2012

Consumer Confidence Declines

Consumer confidence decreased this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

March 16, 2012

Intermodal Traffic Rises 4.2% for Week

U.S. intermodal traffic rose 4.2% for the week ended Saturday from a year ago, the Association of American Railroads said.

March 16, 2012

Port Logistics Teams With Joe Fresh

Port Logistics Group said it has signed a multiyear service agreement with Canadian food retailer Loblaw Cos., the parent of the Joe Fresh clothing brand.

March 15, 2012