Intermodal traffic rose 0.8% last week on higher container traffic, the Association of American Railroads reported.
August 19, 2011Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Express-1 Reports Lower 2Q Earnings
Express-1 Expedited Solutions said its second-quarter profit fell 39.2% to $914,000, or 3 cents per share, from $1.5 million, or 5 cents, a year ago.
August 16, 2011Trailer Bridge Reports Second-Quarter Loss
Trailer Bridge Inc. reported a second-quarter loss of $3.6 million, or 30 cents a share, compared with net income of $900,000, or 7 cents, a year ago.
August 15, 2011Consumer Confidence Falls to 31-Year Low
Consumer confidence plummeted in August to its lowest level since May 1980, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
August 12, 2011Weekly Intermodal Traffic Rises 1.9%
Intermodal traffic rose 1.9% last week, the Association of American Railroads reported.
August 12, 2011MIQ Acquires UK Logistics Company
MIQ Logistics said it has acquired The Logistics Corp., a retail logistics company based in the United Kingdom. Terms were not disclosed.
August 12, 2011Equity Firm Buys ADS Logistics
Linx Partners has acquired ADS Logistics Co., a provider of trucking, warehouse and intermodal services to the metals industry.
August 12, 2011Express-1 To Be Acquired By Equity Firm
Express-1 Expedited Solutions, a provider of brokerage and forwarding services, said it has scheduled a Sept. 1 shareholders’ meeting to approve a takeover by Jacobs Private Equity, a firm controlled by investor Bradley Jacobs.
August 12, 2011Intermodal Volume Rises 6.5% in Second Quarter
Intermodal traffic volume rose 6.5% in the second quarter, the Intermodal Association of North America said.
August 10, 2011UniGroup Announces New Logistics Company
Transportation provider UniGroup Inc. has introduced a new logistics company, UniGroup Worldwide Logistics.
August 8, 2011