Swift Transportation Co. posted a second-quarter profit compared with a loss a year ago, the company said Thursday.
July 21, 2011Search
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Expeditors’ Second-Quarter Profit Improves
Logistics firm Expeditors International of Washington said Tuesday its second-quarter profit rose 5% to $95 million, or 44 cents a share, from $90.3 million, or 42 cents, a year ago.
August 2, 2011
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
TNT Express’ 2Q Profit Drops
TNT Express NV, Europe’s second largest post company, said its second-quarter earnings declined to about $5.7 million, from about $37 million a year earlier.
August 2, 2011Schenker to Shut Sorting Hub In Toledo, Cutting 700 Jobs
Logistics company DB Schenker USA announced that it is closing a domestic freight sorting hub in Toledo, Ohio, and shifting contractors to move its cargo, a step that cost 700 people their jobs.
August 1, 2011Consumer Confidence Falls to Two-Year Low
Consumer confidence fell to a two-year low in July, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
July 29, 2011Intermodal Traffic Rises 0.8% for Week
Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.
July 29, 2011CRST International Buys Specialized Transportation
CRST International said it has acquired Specialized Transportation Inc., formerly the high-value products/logistics division of North American Van Lines.
July 29, 2011Chrysler Reports 2Q Profit Excluding Loan Paybacks
Chrysler Group LLC reported second-quarter net profit of $181 million, after excluding losses from paying off U.S. and Canadian government loans early, Bloomberg reported Tuesday.
July 26, 2011Pilot Freight Debuts First Office in Europe
Pilot Freight Services, a transportation and logistics services provider, said that it has opened its first European location in Amsterdam, Netherlands.
July 22, 2011Judge Orders Review of Deal Between Long Beach Port, ATA
A U.S. District Court in California reopened the nearly two-year-old arrangement that regulates truck environmental standards at the Port of Long Beach, part of the nation’s busiest container complex.
July 25, 2011