Logistics News
Intermodal Traffic Increases for Week
Intermodal rail traffic grew 20.1% last week compared with a year ago, the Association of American Railroads said.
July 23, 2010Forward Air Reports Higher 2Q Income
Forward Air Corp. said late Thursday its second-quarter net income rose to $7.9 million, or 27 cents per share, from $2.8 million, or 10 cents, a year ago.
July 22, 2010Swift Files Registration for IPO
Swift Corp. said its wholly owned subsidiary Swift Holdings Corp. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering.
July 22, 2010Union Pacific’s 2Q Earnings Rise 53%
Union Pacific Corp. said Thursday its second-quarter net income rose 53% to $711 million, or $1.40 a share.
July 22, 2010Hub Group’s Second-Quarter Earnings Increase
Logistics and intermodal firm Hub Group’s second-quarter profit rose 16% to $9.6 million, or 26 cents a share, from $8.3 million, or 22 cents, a year ago.
July 21, 2010Marten’s Second-Quarter Income Rises 15%
Refrigerated truckload carrier Marten Transport’s second-quarter profit rose 15.2% as its logistics operations expanded.
July 20, 2010Greatwide Signs Contract With Coated Paper Maker
Greatwide Logistics Services said it has signed a contract with NewPage Corp., the nation’s largest maker of coated paper, for dedicated shipments in Wisconsin.
July 16, 2010Express-1 Names New Concert Group CEO
Express-1 Expedited Solutions has named Dan Para chief executive officer of Concert Group Logistics.
July 16, 2010Intermodal Traffic Jumps 19.2% in June
Intermodal rail traffic rose 19.2% for the month of June, the Association of American Railroads said, the largest year-to-year increase since AAR began keeping records in 1990.
July 15, 2010CSX Reports Higher 2Q Profit, Revenue
Eastern freight railroad CSX Corp.’s second-quarter profit jumped 36% on a stronger economy, the company said.
July 13, 2010