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Intermodal Traffic Takes First Dip in a Year

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, 2011

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, 2011

Roadrunner 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, 2011

DHL 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, 2011

P.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, 2011

Wabash 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, 2011

Pacer 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, 2011

DOT 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, 2011

United Vision Names Hoffman CEO

Logistics firm United Vision Logistics named Howard Hoffman its permanent CEO, the company said Tuesday.

February 8, 2011

Small 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