Intermodal rose 13.6% last week from a year earlier, the Association of American Railroads said.
October 29, 2010Search
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Expeditors’ Third-Quarter Profit Jumps
Logistics firm Expeditors International of Washington’s third-quarter profit jumped to $96.1 million, or 44 cents a share, from $57.8 million, or 27 cents, a year ago, a per-share gain of 63%.
November 2, 2010
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Wabash National’s 3Q Loss Narrows
Trailer manufacturer Wabash National Corp. late Tuesday reported a third-quarter loss of $1.9 million, or 3 cents per share, compared with a loss of $66.4 million, or $2.23, a year ago.
November 2, 2010Court Temporarily Blocks Ban on Owner-Operators at L.A. Port
A federal judge last week temporarily blocked a ban on owner-operators at the Port of Los Angeles, granting an injunction sought by American Trucking Associations.
November 1, 2010TransForce Reports Higher 3Q Earnings
TransForce Inc., Canada's largest trucking company, said Friday its third-quarter profit rose to C$25 million as it cut costs to offset weak conditions across the industry, Bloomberg reported.
October 29, 2010New Materials and Techniques Save Weight, Fight Corrosion
New building techniques and innovative materials are helping to make trailers, especially dry vans and reefers, lighter, more fuel efficient and better at fighting corrosion, manufacturers said.
November 1, 2010Judge’s Temporary Ruling Backs ATA in L.A. Port Case
A federal judge has temporarily blocked a ban on owner-operators at the Port of Los Angeles, granting an injunction sought by American Trucking Associations.
October 28, 2010Norfolk Southern’s Profit Grows 47%
Norfolk Southern Corp. said its third-quarter profit increased 47% from a year ago.
October 28, 2010Canadian National’s Third-Quarter Income Rises 21%
Canadian National Railway Co. said its third-quarter net income rose 21% to C$556 million, or C$1.19 per share, from C$461 million or 97 cents per share, a year earlier.
October 27, 2010Intermodal Freight Volumes Remain Strong, Contributing to Strong 3Q Railroad Profits
The intermodal business is making a solid contribution to third-quarter rail profits, as volumes remain strong through the fall peak season for domestic freight, industry officials said.
October 25, 2010