Intermodal traffic increased 6.2% last week compared with a year ago, the Association of American Railroads reported.
January 28, 2011Business, Logistics
Hub Group’s Fourth-Quarter Earnings Grow
Logistics and intermodal firm Hub Group’s fourth-quarter profit jumped 25.7% to $12.5 million, or 34 cents a share, from $10 million, or 26 cents, a year earlier.
January 28, 2011Business, Logistics
Intermodal Traffic Rises 6.2% for Week
Government, Business, Logistics
Kansas City Southern’s 4Q Profit Grows
Kansas City Southern said it earned $51.8 million, or 50 cents a share, in its fourth quarter, compared with $32.3 million, or 34 cents, the previous year.
January 27, 2011Business, Logistics
Norfolk Southern’s 4Q Profit Improves
Norfolk Southern Corp.’s fourth-quarter and annual net income rose from the same periods a year earlier and it said it was boosting its quarterly dividend.
January 26, 2011Business, Logistics
Canadian Pacific’s Profit Improves
Canadian freight railroad Canadian Pacific’s fourth-quarter net income increased 27.1% to C$185.8 million, or C$1.09 per share, from C$146.2 million, or 87 cents, a year earlier.
January 26, 2011Business, Logistics
Swift’s Fourth-Quarter Loss Narrows
Swift Transportation Co., in its first public earnings statement since going public late last year, said its fourth-quarter net loss was less than that of a year earlier and that its operating revenue improved.
January 25, 2011Business, Logistics
CN’s Profit Falls in 4Q, Grows in Year
Canadian National Railway Co. said its fourth-quarter net income fell 13.6% to C$503 million, or C$1.08 per share, from C$582 million or $1.23 per share, a year earlier.
January 25, 2011Business, Logistics
CSX’s 4Q, Full-Year Earnings Jump on Higher Volume
CSX Corp. said Monday its fourth-quarter profit jumped 42% on higher shipments from auto manufacturers and other industrial shippers.
January 24, 2011Business, Logistics
Canadian Rail Workers Drop CN Strike Threat
Canadian National Railway Co. reached a contract deal with the Canadian Auto Workers union Monday and the union dropped its threat to strike Tuesday, Reuters reported.
January 24, 2011Business, Logistics
USA Truck Plans to Install SkyBitz Trailer-Tracking Feature
Truckload carrier USA Truck said it will fit almost all of its trailers with a new tracking system.
January 24, 2011