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June Trailer Orders Up 6%

The more than year-long surge in orders for new trailers showed signs of leveling off in June, increasing just 6% from 2010 levels, compared with an overall 65% gain over the first half of 2011, ACT Research Co. said.

August 8, 2011

FedEx Completes Acquisition of Mexico’s MultiPack

FedEx Corp. said it has completed the acquisition of Mexico’s Servicios Nacionales Mupa S.A de C.V., or MultiPack.

August 5, 2011

Broker Echo Global Logistics in Expansion Mode, CEO Says After 11th Deal Since 2007

Freight brokerage firm Echo Global Logistics is involved in an expansion strategy through acquisition, the CEO of the Chicago-based company said in an interview.

August 8, 2011

Intermodal Traffic Rises 3.3% for Week

Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.

August 5, 2011

Echo Global Logistics’ 2Q Profit Rises

Echo Global Logistics said its second-quarter profit grew 50.3% to $2.9 million, or 13 cents per share, compared with $1.9 million, or 9 cents, a year ago.

August 3, 2011

Wabash Swings to Second-Quarter Profit

Trailer manufacturer Wabash National Corp. reported a second-quarter profit compared with a loss a year ago, as trailer sales improved.

August 3, 2011

Old Dominion Launches Vault Logistics Division

Old Dominion Freight Line has introduced Vault Logistics, a new third party-logistics provider.

August 2, 2011

TransForce’s 2Q Earnings Jump on Acquisitions

TransForce Inc.’s second-quarter net income rose to C$26.2 million, or 27 cents a share, from C$17 million, or 18 cents, a year earlier.

August 2, 2011

Expeditors’ Second-Quarter Profit Improves

Logistics firm Expeditors International of Washington said Tuesday its second-quarter profit rose 5% to $95 million, or 44 cents a share, from $90.3 million, or 42 cents, a year ago.

August 2, 2011