U.S. intermodal traffic rose 3.5% last week over the same week a year ago, the Association of American Railroads reported.
October 26, 2012Search
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Knight Transportation’s 3Q Income Flat
Knight Transportation said its third-quarter profit was flat from a year ago due in part to higher fuel prices and a slower economy.
October 25, 2012XPO Buys Turbo Logistics for $50 Million
XPO Logistics said Thursday it has purchased Turbo Logistics, the freight brokerage division of logistics company OHL, for $50 million.
October 25, 2012XPO Reports It Is on Course to Hit $500 Million in Revenue
XPO Logistics is on course to reach $500 million in annual revenue by year-end, buoyed by the recent purchase of Kelron Logistics, which will add more than $100 million annually to sales, said Bradley Jacobs, XPO’s chief executive officer.
August 15, 2012Echo Global Logistics’ 3Q Income Rises; Buys Freight Co.
Echo Global Logistics reported a third-quarter profit and said it acquired Sharp Freight Systems.
October 25, 2012England Logistics Buys Freight Broker
Third-party logistics provider England Logistics has acquired certain assets of freight broker Kampstra Transportation & Logistics.
October 25, 2012Navistar Sets Stock Offering of 10 Million Shares
Navistar International Corp. said Wednesday it is making a public offering of about 10 million shares of its stock.
October 24, 2012New °®¶¹´«Ã½ Sales Jump to Two-Year High
New home sales rose 5.7% in September to a two-year high, the Commerce Department said Wednesday.
October 24, 2012Rush’s 3Q Income Slips; Will Buy Ohio Navistar Dealerships
Truck dealership Rush Enterprises’ third-quarter net income slipped from a year ago and the company said it plans to buy several Navistar truck dealerships in Ohio.
October 24, 2012Norfolk Southern’s 3Q Profit Drops
Norfolk Southern Corp. said its third-quarter profit dropped 27%, and income from railway operations fell 22% to $731 million.
October 24, 2012