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3PL Survey Projects Continued Growth

Logistics executives believe their businesses will continue to grow, while pressures to find new product sourcing options and talented workers will increase, a new survey has found.

October 20, 2011

Kerry Logistics Wins Pact With Hugo Boss

Kerry Logistics Network has disclosed it has won a contract with Hugo Boss AG to manage distribution of the German fashion designer’s goods in China.

October 20, 2011

CSX Reports Higher Third-Quarter Profit

CSX Corp. said its third-quarter net income rose to $464 million, or 43 cents per share, from $414 million, or 36 cents, a year ago.

October 19, 2011

Forward Air’s 3Q Income Improves

Forward Air Corp. said late Wednesday its third-quarter net income rose to $12.9 million, or 44 cents per share, from $8.9 million, or 31 cents, a year ago.

October 19, 2011

Consumer Confidence Drops

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

October 14, 2011

Intermodal Traffic Rises 2.4% for Week

U.S. intermodal traffic rose 2.4% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.

October 14, 2011

Tank Trailer Demand Booming, Spurred by Oil and Gas Drilling

A surge in tank truck business, spurred by oil and shale gas drilling, is fueling an “incredibly hot” market for tank trailers to haul crude oil, sand and related products, industry officials said.

October 17, 2011

FedEx Ground Expands Network with New Distribution Hub

FedEx Ground, the small-package ground unit of FedEx Corp., on Wednesday announced the opening of a new $100 million distribution hub.

October 13, 2011

Menlo Launches Transportation Services

Menlo Worldwide Logistics has announced it is rolling out Menlo Transportation Services as a single, unified service to complement other supply chain and logistics offerings.

October 13, 2011