J.B. Hunt Transport Services’ fourth-quarter and full-year profits rose, led by gains at its intermodal and dedicated contract services segments.
January 24, 2013Search
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Leading Economic Indicators Rise 0.5%
An index of leading economic indicators rose 0.5% in December, the New York-based Conference Board said Thursday.
January 24, 2013Jobless Claims Fall to Five-Year Low
Initial jobless claims decreased by 5,000 to 330,000 last week to the lowest level in five years, the Labor Department said Thursday.
January 24, 2013Union Pacific Reports $1 Billion 4Q Profit
Union Pacific Corp. said Thursday its fourth-quarter profit rose to more than $1 billion on higher chemical, automobile and intermodal shipments.
January 24, 2013Fidelitone Logistics Merges with Va. 3PL
Fidelitone Logistics said it has merged with Virginia-based third-party logistics firm Purnell Furniture Services to expand its delivery services to furniture retailers in the eastern part of the country.
January 25, 2013RSI Logistics Acquires Freight Resources Network
RSI Logistics Inc. said it has acquired transportation software company Freight Resources Network. Terms were not disclosed.
January 25, 2013Va. Port Authority Begins Corporate Restructuring
The Virginia Port Authority passed a resolution to begin a corporate restructuring plan, the Newport News (Va.)Â Daily Press reported.
January 23, 2013Volvo to Award Two Fleets $25,000 Each in Annual Safety Contest
Volvo Trucks said Wednesday it is again sponsoring the Volvo Trucks Safety Award, a contest that will award the two safest fleets in the U.S. and Canada with $25,000 each, to be used toward their safety-related activities.
January 23, 2013Heartland Express Reports Lower 4Q Income; Revenue Rises
Heartland Express said its fourth-quarter profit fell from a year ago, though revenue improved, and the company continued to upgrade its fleet.
January 24, 2013Postal Service Losing Government Business to Private Sector
The U.S. Postal Service is losing some government shipping business to private-sector companies such as FedEx Corp. and UPS Inc., Bloomberg News reported Wednesday.
January 23, 2013