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Echo Global Logistics’ 2Q Profit Rises

Echo Global Logistics said its second-quarter profit grew 50.3% to $2.9 million, or 13 cents per share, compared with $1.9 million, or 9 cents, a year ago.

August 3, 2011

Wabash Swings to Second-Quarter Profit

Trailer manufacturer Wabash National Corp. reported a second-quarter profit compared with a loss a year ago, as trailer sales improved.

August 3, 2011

Old Dominion Launches Vault Logistics Division

Old Dominion Freight Line has introduced Vault Logistics, a new third party-logistics provider.

August 2, 2011

TransForce’s 2Q Earnings Jump on Acquisitions

TransForce Inc.’s second-quarter net income rose to C$26.2 million, or 27 cents a share, from C$17 million, or 18 cents, a year earlier.

August 2, 2011

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

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, 2011

Schenker 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, 2011

Consumer 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, 2011

Intermodal 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, 2011

CRST 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, 2011