U.S. intermodal traffic rose 5.6% last week, the Association of American Railroads reported.
July 13, 2012Search
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Hub Group’s Profit Rises on Stronger Logistics, Intermodal Operations
Hub Group Inc.’s second-quarter profit rose 18% as its intermodal and logistics operations improved.
July 20, 2012
TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Ìý
CSX Reports Higher 2Q Income
CSX Corp.’s second-quarter earnings rose as growth in container-car shipments eased the effects of sliding coal volumes, Bloomberg reported.
July 18, 2012Kansas City Southern’s 2Q Profit Improves
Kansas City Southern’s second-quarter earnings rose to $120 million, or $1.09 a share, from $71 million, or 64 cents, a year ago.
July 17, 2012Ingram Micro Agrees to Purchase BrightPoint
Technology distributor Ingram Micro Inc. said it has agreed to purchase BrightPoint Inc., a provider of logistics services to the wireless industry, for about $840 million, the companies announced in a joint statement July 2.
July 16, 2012Second-Quarter Surge Has Intermodal on Pace for New Record
This story appears in the July 16 print edition of Transport Topics.
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Intermodal shipments that surged late in the second quarter have pushed 2012 truck/rail freight volume ahead of the record pace set in 2006, the Association of American Railroads reported.
July 16, 2012GE Capital Sells Last 27,000 U.S. Trailers from TIP Fleet to Trio of Companies
Investor Wood Creek Capital Management, along with Bowman Sales and Equipment Inc. and Milestone Trailer Leasing, last week bought 27,000 U.S.-based trailers from GE Capital, continuing the transformation of the highway leasing market.
July 16, 2012Lineage Logistics Buys Castle & Cooke
Lineage Logistics said it has acquired Castle & Cooke Cold Storage, Colton, Calif., for an undisclosed sum.
July 13, 2012Produce Shipping Affected by Weather, Local Trends
The produce shipping season is in full swing this year and affected by unpredictable weather patterns that have created shipping peaks in parts of the South and Pacific Northwest and weaker-than-usual demand in California, experts said.
July 9, 2012BTS Logistics Buys Trade Show Unit
Wheaton Van Lines, which acquired Bekins Van Lines earlier this year, has spun off Bekins’ former trade show business to newly formed BTS Logistics, the company announced.
July 5, 2012