U.S. intermodal traffic rose 3.5% last week over the same week a year ago, the Association of American Railroads reported.
October 26, 2012Search
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XPO Reports It Is on Course to Hit $500 Million in Revenue
XPO Logistics is on course to reach $500 million in annual revenue by year-end, buoyed by the recent purchase of Kelron Logistics, which will add more than $100 million annually to sales, said Bradley Jacobs, XPO’s chief executive officer.
August 15, 2012
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
England Logistics Buys Freight Broker
Third-party logistics provider England Logistics has acquired certain assets of freight broker Kampstra Transportation & Logistics.
October 25, 2012TransForce Reports Higher 3Q Profit
Canadian transportation firm TransForce Inc. said its third-quarter net income almost tripled, boosted by acquisitions.
October 24, 2012Swift’s 3Q Net Income Falls
Swift Transportation’s third-quarter net income fell 10% to $27.9 million, or 20 cents per share, from $31.0 million, or 22 cents per share, in the third quarter as freight volume weakened and fuel costs rose.
October 23, 2012Kansas City Southern’s 3Q Income Falls
Kansas City Southern’s third-quarter income fell to $91 million, or 83 cents a share, from $100 million, or 91 cents, a year ago.
October 19, 2012Menlo Awarded Contract Extension from DOD for Outsourcing Military Freight Shipments
The U.S. Transportation Command said it has awarded Menlo Worldwide Logistics a one-year extension on its contract to outsource military freight shipments nationwide.
October 22, 2012Union Pacific’s 3Q Income Rises, CSX’s Slips
Two of the largest U.S. freight railroads reported third-quarter results, with intermodal revenue rising at both companies.
October 18, 2012Forward Air’s Income Slips; Revenue Rises
Forward Air Corp. said its third-quarter net income slipped from a year ago, while revenue improved.
October 19, 2012Norfolk Southern Opens Alabama Intermodal Terminal
Norfolk Southern said it has opened a new intermodal facility in McCalla, Ala., to serve as part of an intermodal freight rail route between the Gulf Coast and the Northeast.
October 17, 2012