Logistics News
Union Pacific’s 1Q Earnings Improve
Union Pacific Corp. said Thursday its first-quarter profit jumped 43% from a year ago as volumes increased.
April 22, 2010Forward Air Swings to 1Q Profit
Forward Air Corp. reported a first-quarter profit of $3.4 million, or 12 cents per share, compared with a loss of $3.1 million, or 11 cents, a year ago.
April 21, 2010Hub Group’s 1Q Earnings Increase
Logistics, intermodal and brokerage firm Hub Group’s first-quarter profit grew to $8.7 million, or 23 cents a share, from $6.2 million, or 17 cents, a year ago.
April 21, 2010Consumer Confidence Level Falls
U.S. consumer confidence held fell this month to its lowest level in five months, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.
April 16, 2010Opinion: ‘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, 2010CSX’s First-Quarter Income Rises 22%
Eastern freight railroad CSX Corp. said its first-quarter net income earnings-per-share jumped 22% from a year ago, on higher shipping volumes.
April 14, 2010Wabash Gets Order for 4,000 Trailers from Prime Inc.
Wabash National Corp. said it has signed an agreement with refrigerated carrier Prime Inc. to supply Prime with 4,000 trailers over three years.
April 7, 2010Evans Distribution Systems Adds Facilities
Evans Distribution Systems, a third-party logistics operator, is adding new facilities in Lenexa, Kan., Houston and Memphis, Tenn.
April 5, 2010February Trailer Orders Surge
Trailer orders in February reached the highest level in two years, fueling manufacturers’ hopes that their business momentum is improving after 2009 production sank to a 34-year low, industry officials said.
April 5, 2010Intermodal Traffic Gains for Week
Intermodal rail traffic rose 12% last week from the same week a year ago, the Association of American Railroads said Thursday.
April 1, 2010