Intermodal traffic fell last week for the first time in a year, largely due to winter storm disruptions, the Association of American Railroads reported.
February 11, 2011Search
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Cummins Approves $1 Billion Stock Buyback
Cummins Inc.’s board approved the repurchase of up to $1 billion in stock to “improve shareholder value,†the company said Tuesday.
February 8, 2011Roadrunner Reports 4Q Profit
Roadrunner Transportation Systems reported a fourth-quarter profit compared with a loss a year ago, as less-than-truckload tonnage improved.
February 9, 2011DHL to Expand Cincinnati Airport Hub
Logistics firm DHL said it will spend $22.5 million to expand its hub at Cincinnati/Northern Kentucky International Airport, adding nine new aircraft gates.
February 9, 2011P.A.M. Reports Smaller Fourth-Quarter Loss
Truckload carrier P.A.M. Transportation Services said its fourth-quarter loss was smaller than a year ago.
February 9, 2011Wabash Reports Fourth-Quarter Profit
Trailer manufacturer Wabash National Corp. reported a fourth-quarter operating profit compared with an operating loss a year ago, as new trailer shipments topped the high end of the company’s expectations.
February 9, 2011Pacer Reports 4Q Loss, Full-Year Profit; Sees Intermodal Growth in 2011
Pacer International reported a fourth-quarter loss but said it turned a profit for the full year.
February 10, 2011DOT Freight Transportation Index Rises 0.4%
The Department of Transportation’s freight transportation services index increased 0.4% in December from a year earlier, the 12th straight year-over-year gain.
February 9, 2011United Vision Names Hoffman CEO
Logistics firm United Vision Logistics named Howard Hoffman its permanent CEO, the company said Tuesday.
February 8, 2011Small Businesses’ Confidence Hits Three-Year High
A survey released Tuesday showed that confidence among small businesses hit a three-year high, Bloomberg reported.
February 8, 2011