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.
 

BusinessLogistics

Radiant Logistics Reports Lower 4Q Earnings

Radiant Logistics, a third-party provider of airfreight and other services, said its fiscal fourth-quarter net income was $581,697, or 2 cents a share, down from $844,278, or 3 cents a share, a year earlier.

October 21, 2011
BusinessLogisticsEquipment

Frozen Food Express Selling Dry Vans, Tractors to Celadon

Frozen Food Express Industries said it will sell more than 400 dry vans and almost 300 tractors to truckload carrier Celadon Trucking Services.

October 20, 2011
BusinessLogistics

Swift Posts Third-Quarter Profit

Swift Transportation Co. reported a third-quarter profit compared with a loss a year ago, as its trucking, intermodal and brokerage segments all improved.

October 20, 2011
BusinessLogistics

Union Pacific’s 3Q Income Rises 16%

Union Pacific Corp.’s third-quarter profit increased 16% from a year ago as higher prices offset slower growth in shipments and fuel costs.

October 20, 2011
BusinessLogistics

3PL Survey Projects Continued Growth

Logistics executives believe their businesses will continue to grow, while pressures to find new product sourcing options and talented workers will increase, a new survey has found.

October 20, 2011
BusinessLogistics

Kerry Logistics Wins Pact With Hugo Boss

Kerry Logistics Network has disclosed it has won a contract with Hugo Boss AG to manage distribution of the German fashion designer’s goods in China.

October 20, 2011
BusinessLogistics

Forward Air’s 3Q Income Improves

Forward Air Corp. said late Wednesday its third-quarter net income rose to $12.9 million, or 44 cents per share, from $8.9 million, or 31 cents, a year ago.

October 19, 2011
BusinessLogistics

CSX Reports Higher Third-Quarter Profit

CSX Corp. said its third-quarter net income rose to $464 million, or 43 cents per share, from $414 million, or 36 cents, a year ago.

October 19, 2011
BusinessLogisticsEquipment

Tank Trailer Demand Booming, Spurred by Oil and Gas Drilling

A surge in tank truck business, spurred by oil and shale gas drilling, is fueling an “incredibly hot” market for tank trailers to haul crude oil, sand and related products, industry officials said.

October 17, 2011
BusinessGovernmentLogistics

Consumer Confidence Drops

Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

October 14, 2011