Swift Transportation Co. posted a second-quarter profit compared with a loss a year ago, the company said Thursday.
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TNT Express’ 2Q Profit Drops
TNT Express NV, Europe’s second largest post company, said its second-quarter earnings declined to about $5.7 million, from about $37 million a year earlier.
August 2, 2011Seth 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.
Schenker to Shut Sorting Hub In Toledo, Cutting 700 Jobs
Logistics company DB Schenker USA announced that it is closing a domestic freight sorting hub in Toledo, Ohio, and shifting contractors to move its cargo, a step that cost 700 people their jobs.
August 1, 2011Consumer Confidence Falls to Two-Year Low
Consumer confidence fell to a two-year low in July, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
July 29, 2011Intermodal Traffic Rises 0.8% for Week
Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.
July 29, 2011CRST International Buys Specialized Transportation
CRST International said it has acquired Specialized Transportation Inc., formerly the high-value products/logistics division of North American Van Lines.
July 29, 2011Chrysler Reports 2Q Profit Excluding Loan Paybacks
Chrysler Group LLC reported second-quarter net profit of $181 million, after excluding losses from paying off U.S. and Canadian government loans early, Bloomberg reported Tuesday.
July 26, 2011Pilot Freight Debuts First Office in Europe
Pilot Freight Services, a transportation and logistics services provider, said that it has opened its first European location in Amsterdam, Netherlands.
July 22, 2011Judge Orders Review of Deal Between Long Beach Port, ATA
A U.S. District Court in California reopened the nearly two-year-old arrangement that regulates truck environmental standards at the Port of Long Beach, part of the nation’s busiest container complex.
July 25, 2011Intermodal Traffic Rises 1.2% for Week
Intermodal traffic increased 1.2% last week from a year ago, the Association of American Railroads reported.
July 22, 2011