CSX Corp.’s first-quarter profit jumped 30% on higher prices and demand, the railroad said.
April 20, 2011Search
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Norfolk Southern’s 1Q Profit Improves
Norfolk Southern Corp.’s first-quarter profit rose from the same quarter last year on higher freight levels, the Eastern freight railroad said late Wednesday.
April 28, 2011Forward Air’s 1Q Income More than Doubles
Forward Air Corp.’s first-quarter net income rose to $7.9 million, or 27 cents a share, from $3.4 million, or 12 cents, a year ago.
April 21, 2011Hub Group’s First-Quarter Income Rises
Logistics firm Hub Group’s first-quarter income improved on higher intermodal activity.
April 20, 2011Union Pacific’s 1Q Income Rises 24%
Freight rail line Union Pacific Corp. said Wednesday its first-quarter profit rose 24% from a year ago on higher volume.
April 20, 2011England Logistics Chooses McLeod FMS
Third-party logistics provider England Logistics said Tuesday it has purchased McLeod Software’s Freight Management Solutions application.
April 19, 2011Intermodal Traffic Jumps 19.4% for Week
Intermodal traffic jumped 19.4% last week compared from a year ago, the Association of American Railroads reported.
April 8, 2011Hub Group Expands Business Offerings With $83 Million Purchase of Exel Unit
Hub Group Inc. on April 4 said it purchased Exel Transportation Services, another third-party freight provider, for $83 million to expand its business offerings.
April 11, 2011Radiant Logistics Plans Purchase of DBA Distribution Services
Third-party logistics provider Radiant Logistics, Bellevue, Wash., said it agreed to acquire DBA Distribution Services, a Somerset, N.J. air-freight forwarder, for $12 million in cash and debt.
April 8, 2011DHL Plans New York Delivery Fleet Powered Entirely by Alternative Fuels
DHL said it is taking the first step toward establishing a delivery fleet in New York City that is powered entirely by alternative fuels, in a move that it said will reduce emissions by at least 50%.
April 11, 2011