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J.B. Hunt, Norfolk Southern Set Intermodal Deal

J.B. Hunt Transport Services said that it has reached a multi-year deal with Norfolk Southern Corp. in which the railroad will provide intermodal service for the carrier in the eastern U.S.

November 6, 2009

TT Logistics 50: Firms Seek Ways to Cut Costs to Cope With Revenue Drop in 2009

Logistics service providers are adjusting as the global economic downturn has caused many companies to curtail production and reduce inventories, stalling the longtime trend of expanding international trade, thereby reducing demand for transportation services in North America.

November 9, 2009

Logistics Scorecard

Consistent with the notion that every cloud has a silver lining, achievers in the logistics business are finding opportunities in difficult times.

November 9, 2009

BirdDog Logistics Acquires Churchill Transport

Freight broker BirdDog Logistics Services said that it has acquired Churchill Transport Group, a third-party logistics firm.

November 6, 2009

Wabash National’s 3Q Operating Loss Narrows

Trailer manufacturer Wabash National Corp. said its third-quarter loss widened but its operating loss declined from the same quarter last year.

November 5, 2009

Pacer’s 3Q Profit Falls

Transportation and third-party logistics firm Pacer International said its third-quarter profit fell to $600,000, or 2 cents per share, compared with $20.8 million, or 59 cents, a year earlier.

November 4, 2009

Expeditors’ Third-Quarter Income Falls 33%

Logistics firm Expeditors International of Washington said Tuesday its third-quarter net income fell 33% to $57.8 million, or 27 cents a share, from $85.6 million, or 39 cents, a year ago.

November 3, 2009

Wabash to Close Illinois Plant

Trailer maker Wabash National Corp. said Tuesday that it will sell its Anna, Ill., plant and consolidate operations into its Cadiz, Ky., plant.

November 3, 2009

State Coalition Seeks Fed Aid for Intermodal Terminals

Five states have formed a coalition to seek a federal grant to build intermodal terminals and make other improvements along the Norfolk Southern Railroad line stretching from New Orleans to New York City.

November 2, 2009

Diesel Gains 0.7¢ to $2.808 a Gallon as Increases Slow

Diesel fuel’s national average retail price rose for a fourth straight week, though its increase slowed from recent weeks in a 0.7 cent gain to $2.808 a gallon, the Department of Energy said Monday.

November 3, 2009