Logistics News

About Logistics News...

For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
 

Business, Logistics

Kansas City Southern’s 1Q Income Rises

Kansas City Southern’s first-quarter income rose to $104.2 million, or 94 cents a share, from $75.3 million, or 68 cents, a year ago.

April 19, 2013
Business, Logistics

Intermodal Traffic Rises 3.3% for Week

U.S. rail intermodal traffic rose 3.3% to 241,987 units last week, over the same week a year ago, the Association of American Railroads said.

April 19, 2013
Business, Logistics

Hub Group Reports Record 1Q Earnings

Hub Group Inc. late Thursday reported record first-quarter earnings on higher revenue at its intermodal, logistics and truck brokerage units.

April 18, 2013
Business, Logistics

Union Pacific’s 1Q Profit Rises 11%

Union Pacific Corp. said Thursday its first-quarter profit rose 11%, as higher prices drove freight revenue up.

April 18, 2013
Business, Logistics

CSX Reports Higher 1Q Profit

Eastern freight railroad CSX Corp. reported higher first-quarter profit from a year ago.

April 17, 2013
Business, Logistics

Wheels Group’s 4Q Income Rises

Canadian logistics company Wheels Group said its fourth-quarter earnings before interest and taxes rose during a shortened reporting period.

April 15, 2013
Business, Logistics

Consumer Confidence Falls to Nine-Month Low

Consumer confidence fell in April to a nine-month low, according to the Thomson Reuters/University of Michigan consumer sentiment index.

April 12, 2013
Business, Logistics

Intermodal Traffic Rises 0.2% for Week

U.S. rail intermodal traffic rose 0.2% to 231,648 units last week over the same week a year ago, the Association of American Railroads said.

April 12, 2013
Business, Logistics

Transportation Software Firm Merges With Transite Technology

Transportation software company 3Gtms said it has merged with Transite Technology, a logistics software provider. Terms were not disclosed.

April 10, 2013
Business, Logistics

Penske Logistics Upgrades Data Center

Penske Logistics said Tuesday it has completed a multimillion-dollar upgrade to its data center that serves all of its supply chain customers.

April 9, 2013