logistics News Updates

Business, Logistics

Echo Global Logistics’ 2Q Profit Increases

Echo Global Logistics said its second-quarter profit grew to $1.9 million, or 9 cents per share, compared with $692,000, or 3 cents, a year ago.

August 17, 2010
Business, Logistics

NFI Buys Ontario Logistics Firm

Trucking and supply chain firm NFI Industries said Tuesday it has acquired IPD, a global transportation and logistics company based in Mississauga, Ontario, Canada.

June 22, 2010
Business, Logistics

Two 3PLs Hire Chief Financial Officers

Two third-party logistics firms announced that they have hired new chief financial officers.

June 18, 2010
Business, Logistics

Carriers Face Growth Problems After Logistics Budget Cuts

WASHINGTON — Carriers will have difficulty expanding capacity cut last year after manufacturers and retailers slashed spending for transportation services, the Council of Supply Chain Management Professionals said last week.

June 14, 2010
Business, Logistics

US 1 Turns First-Quarter Profit

Logistics firm US 1 Industries Monday reported a first-quarter profit of $100,000, compared with a $1 million loss a year ago.

May 10, 2010
Business, Logistics

Echo’s Profit Improves in 1Q

Echo Global Logistics said its first-quarter profit jumped to $1.2 million, or 6 cents per share, compared with a loss of $200,000, or 2 cents, a year ago.

May 7, 2010
Business, Logistics

Expeditors’ 1Q Profit Improves

Logistics firm Expeditors International of Washington’s first-quarter profit rose to $61.3 million, or 29 cents a share, from $59.3 million, or 28 cents, a year ago.

May 6, 2010
Business, Logistics

Opinion: ‘Remember Last Mile? You Should.

If transportation publications carried “Where are they now?†stories, last-mile delivery might be one of the first functions profiled.

April 16, 2010