CSX Corp.’s first-quarter profit jumped 30% on higher prices and demand, the railroad said.
April 20, 2011Search
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Union Pacific’s 1Q Income Rises 24%
Freight rail line Union Pacific Corp. said Wednesday its first-quarter profit rose 24% from a year ago on higher volume.
April 20, 2011England Logistics Chooses McLeod FMS
Third-party logistics provider England Logistics said Tuesday it has purchased McLeod Software’s Freight Management Solutions application.
April 19, 2011Intermodal Traffic Jumps 19.4% for Week
Intermodal traffic jumped 19.4% last week compared from a year ago, the Association of American Railroads reported.
April 8, 2011Hub Group Expands Business Offerings With $83 Million Purchase of Exel Unit
Hub Group Inc. on April 4 said it purchased Exel Transportation Services, another third-party freight provider, for $83 million to expand its business offerings.
April 11, 2011Radiant Logistics Plans Purchase of DBA Distribution Services
Third-party logistics provider Radiant Logistics, Bellevue, Wash., said it agreed to acquire DBA Distribution Services, a Somerset, N.J. air-freight forwarder, for $12 million in cash and debt.
April 8, 2011DHL Plans New York Delivery Fleet Powered Entirely by Alternative Fuels
DHL said it is taking the first step toward establishing a delivery fleet in New York City that is powered entirely by alternative fuels, in a move that it said will reduce emissions by at least 50%.
April 11, 2011Transplace Acquires SCO Logistics
Technology and logistics company Transplace, Frisco, Texas, said it acquired SCO Logistics, a Philadelphia-based third-party logistics company, for an undisclosed sum.
April 11, 2011Hub Group Buys Exel Transportation Services
Logistics and intermodal firm Hub Group has purchased freight broker Exel Transportation Services for about $83 million, it said Monday.
April 4, 2011Trailer Bridge Reports Fourth-Quarter Loss
Trailer Bridge Inc. reported a fourth-quarter loss of $2.9 million, or 24 cents per share, compared with a profit of $1 million, or 8 cents, a year ago.
April 1, 2011