Intermodal rail traffic grew 20.1% last week compared with a year ago, the Association of American Railroads said.
July 23, 2010Government, Business, Safety, Logistics
Kansas City Southern’s 2Q Profit Improves
Kansas City Southern said it earned $34.6 million, or 34 cents a share, in its second quarter, compared with $6.5 million, or 7 cents, the previous year.
July 27, 2010Business, Government, Logistics
Consumer Confidence Falls in July to 5-Month Low
Consumer confidence declined this month to its lowest level in five months, the New York-based Conference Board said Tuesday.
July 27, 2010Business, Logistics
Swift Files With SEC to Take Firm Public
Truckload carrier Swift Transportation could be returning to the ranks of the publicly traded trucking companies, according to a registration statement filed last week, a move that could allow the sale of as much as $700 million in stock.
July 26, 2010Business, Logistics
Intermodal Traffic Increases for Week
Business, Logistics
Forward 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, 2010Business, Logistics
Swift 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, 2010Business, Logistics
Union 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, 2010Business, Logistics
Hub 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, 2010Business, Logistics
Marten’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, 2010Business, Logistics
Greatwide 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, 2010