U.S. intermodal traffic rose 3% last week from a year ago, led by an increase in container traffic, the Association of American Railroads said.
October 21, 2011Search
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Pacer Reports Higher 3Q Profit, Boosts Outlook
Pacer International on Thursday reported higher third-quarter profit and raised its full-year earnings outlook.
October 27, 2011Echo Global Logistics’ 3Q Income Increases
Echo Global Logistics said its third-quarter profit grew 30.2% to $3.4 million, or 15 cents per share, from $2.6 million, or 12 cents, a year ago.
October 28, 2011Canadian Railroads Report Mixed Earnings
Canada’s two biggest freight railroads reported mixed earnings this week.
October 26, 2011Hub Group’s Third-Quarter Income Rises
Logistics firm Hub Group’s third-quarter income improved on higher intermodal activity.
October 26, 2011Kansas City Southern’s 3Q Profit Doubles
Kansas City Southern reported its third-quarter earnings rose to $100 million, or 91 cents a share, from $50 million, or 48 cents, the previous year.
October 26, 2011Norfolk Southern Reports Higher 3Q Profit
Norfolk Southern Corp.’s third-quarter profit rose 24 percent from the same quarter last year, the Eastern freight railroad reported.
October 27, 2011Consumer Confidence Sinks to Two-Year Low
Consumer confidence dropped in October to its lowest level since March 2009, the New York-based Conference Board said Tuesday.
October 25, 2011C.H. Robinson’s Third-Quarter Income Rises
Transportation and third-party logistics firm C.H. Robinson Worldwide said its third-quarter profit rose to $114 million, or 70 cents a share, from $103 million, or 62 cents, a year earlier.
October 26, 2011Truckers Complain About Slow Progress in Improving Intermodal Chassis Practices
GRAPEVINE, Texas — Intermodal truckers are seeing painfully slow progress on two long-standing and related issues — changes in the providers of chassis for container shipments and effective implementation of federal chassis safety rules, industry officials reported.
October 24, 2011