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News•July 29, 2014

UPS Net Profit Tumbles, Expectations Lowered

Profit for package delivery and trucking giant UPS tumbled in the second quarter due to retirement liabilities for some union employees.

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News•July 29, 2014

Economic Watch: Consumer Confidence Best in Nearly Seven Years

U.S. consumer confidence increased in July -- the third month in a row, according to a new survey from the private research group The Conference Board.

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News•July 29, 2014

Record Number of Containers Roll Through Savannah Port

A record amount of containers and cargo moved through the Port of Savannah during the 2014 fiscal year that just ended, according to the Georgia Ports Authority.

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News•July 29, 2014

Exel, DHL Supply Chain Form Freight Brokerage

Contract logistics provider, Exel, and its sister logistics company, DHL Supply Chain, have formed a new freight brokerage company, Exel Freight Connect.

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News•July 29, 2014

XPO Logistics Posts Smaller Loss, Purchases New Breed Logistics

XPO Logistics posted a smaller net loss in the second quarter of the year compared to a year ago, while announcing an acquisition along with the completion of an earlier purchase.

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News•by Oliver Patton•July 29, 2014

Senate Passes December Trust Fund Patch

The Senate passed a short-term patch to keep the Highway Trust Fund solvent until December 19, in effect setting up a vote this year on a long-term highway program. The $8 billion bill now goes to the House, which must act quickly if Congress is to keep the fund from going over the precipice.

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Products•July 29, 2014

Automated Document Classification from Pegasus TransTech

Pegasus TransTech has released Transflo Docu-Type, an automated document classification system that complements the Transflo suite of scanning applications.

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News•July 28, 2014

Schneider Doubling Size of Bulk Intermodal Trailer Service

Freight transportation provider Schneider plans to double the size of its bulk intermodal trailer service to around 1,000 units throughout all of North American, including with new service into Canada and Mexico.

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News•July 28, 2014

Cummins Increases Profit in Second Quarter

Truck engine manufacturer Cummins has reported results for the second quarter of 2014, showing revenue of $4.8 billion increased 7% from the same quarter in 2013.

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News•July 28, 2014

P.A.M Second Quarter Profit Jumps More Than 80%

Dry van truckload carrier P.A.M. Transportation Services has reported a sharp upturn in profit for the second quarter of the year despite a small drop in revenue.

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