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Penske Logistics Upgrades Data Center

Penske Logistics said Tuesday it has completed a multimillion-dollar upgrade to its data center that serves all of its supply chain customers.

April 9, 2013

Ceva Group’s 2012 Earnings Slip

Ceva Group, an international logistics service company based in the Netherlands, said its profit, excluding one-time items and other costs, fell 22% in 2012, hurt by customers’ shift of freight to less-expensive ocean shipping.

April 5, 2013

Intermodal Traffic Reaches Record for Month of March

U.S. rail intermodal traffic fell 3.8% last week but posted the highest volume for the month of March on record, the Association of American Railroads said.

April 5, 2013

Lineage Logistics Acquires Seattle Cold Storage

Lineage Logistics said it has acquired Seattle Cold Storage and its facilities at Algona, Wash., and the Port of Tacoma, Wash. Terms were not disclosed.

April 4, 2013

Trailer Makers Turn to Cost-Saving Features to Win New Customers as Growth Slows

Trailer manufacturers said they are turning to new cost-saving features and services to seize the advantage in a market that isn’t expected to grow all that much this year, industry officials said.

April 1, 2013

UTi Worldwide Reports 4Q Loss

UTi Worldwide reported a fourth-quarter loss of $142.8 million, or $1.38 per share, from a profit of $12.4 million, or 12 cents, a year earlier.

March 28, 2013

Intermodal Traffic Rises 1.4% for Week

U.S. rail intermodal traffic rose 1.4% to 235,641 units last week over the same week a year ago, the Association of American Railroads said.

March 29, 2013

Consumer Confidence Falls in March

Consumer confidence fell in March from a three-month high in February, the New York-based Conference Board said Tuesday.

March 26, 2013

ThermoKing Introduces New Refrigeration Units

LOUISVILLE, Ky. — ThermoKing introduced two new refrigeration units, a new auxiliary power unit and two new wireless products here at the Mid-America Trucking Show.

March 22, 2013