Intermodal rail volume for the week ended Nov. 9 rose 6.3% from the same period last year, the 19th consecutive rise, the Association of American Railroads reported.
November 15, 2013BusinessLogistics
IWLA Hires DeHaan as CEO
The International Warehouse and Logistics Association named Steve DeHaan as its CEO.
November 13, 2013BusinessLogistics
Maersk Third-Quarter Profits Rise
Maersk Line reported that its third-quarter profit rose from a year ago, and its parent company A.P. Moller-Maersk raised its full-year forecast, Bloomberg News reported.
November 13, 2013BusinessLogistics
DHL 3Q Profit Increases
Deutsche Post AG, Europe’s largest package express carrier, said its third-quarter profits increased 5.8% to 399 million euros ($535 million).
November 12, 2013BusinessLogistics
Intermodal Freight Up 4.7%; Total Shipments Top 4 Million
The growth of intermodal traffic accelerated in the third quarter, rising 4.7% to 4.01 million shipments, powered by a combination of improved domestic and international freight trends, the Intermodal Association of North America reported last week.
November 11, 2013BusinessLogistics
Logistics Companies Growing Larger, Spurred by New Capital, Innovation
Logistics companies are undergoing a remarkable transformation, according to industry executives.
November 11, 2013BusinessLogistics
Intermodal Rail Volume Rises to Highest Level on Record
The weekly average intermodal rail volume for October rose to the highest level on record, the Association of American Railroads reported.
November 8, 2013BusinessLogistics
C.H. Robinson’s 3Q Earnings Decline
C.H. Robinson Worldwide Inc. reported third-quarter earnings fell 7.4% to $107.7 million, or 69 cents per share, from $116.3 million, or 72 cents per share a year ago, in the truckload segment.
November 6, 2013BusinessLogistics
Expeditors’ 3Q Profit Rises 4%
Expeditors International of Washington’s third-quarter profit rose 4% from a year ago despite “volatility” in ocean and air markets, the company said.
November 5, 2013BusinessLogistics
XPO Logistics Reports 3Q Loss
XPO Logistics’ third-quarter loss widened from a year ago, but revenue more than tripled.
November 5, 2013