logistics News Updates

Business, Logistics

Radiant Logistics Reports $5.6 Million Loss

Radiant Logistics Inc. reported a loss of $5.6 million, or 11 cents per share, for the 12-month fiscal year that ended June 30.

September 13, 2016
Business, Logistics

Proposed Florida Freight Zone Gets Thumbs-Up From County Planning Organization

BARTOW, Fla. — A proposed freight logistics zone stretching from the Port of Tampa to Lake Wales won an endorsement on Aug. 18 from Polk's Transportation Planning Organization.

August 18, 2016
Business, Logistics

Transportation Insight Launches BirdDog Logistics

Logistics provider Transportation Insight is rebranding its transactional freight brokerage market as BirdDog Logistics.

August 15, 2016
Business, Logistics

AFN Logistics Buys LTL, TMS Assets From HA Logistics

Brokerage and supply chain operator AFN Logistics announced the purchase of less-than-truckload and transportation management system assets from HA Logistics Inc. to expand the buyer’s service capabilities.

July 20, 2016
Business, Logistics

Third-Party Logistics Market Expected to Pass $1.1 Trillion by 2022

An Allied Market Research report finds that the global third-party logistics market is expected to reach $1.1 trillion over the next six years.

July 8, 2016
Business, Logistics

Universal Logistics Says Second-Quarter Earnings to Trail Forecasts

Universal Logistics Holdings Inc. has become the third truckload operator to announce its second-quarter earnings will fall short of the average analyst estimate due to weak freight markets.

July 8, 2016
Business, Logistics

Radiant Logistics Promotes Bento to Chief Operating Officer

Radiant Logistics has announced that Joe Bento, the firm’s senior vice president of operations, will succeed Dan Stegemoller as chief operating officer of freight forwarding operations on June 30.

June 20, 2016
Business, Logistics

CAI International Acquires Logistics Companies for $12 Million

CAI International Inc., a logistics and transportation finance company, said it has acquired Hybrid Logistics Inc. and affiliate company General Transportation Services Inc. for $12 million to expand in the U.S. brokerage market.

June 6, 2016
Business, Logistics

Freight Group Says St. Louis Region Has Undersold Role as Logistics Hub

The St. Louis Regional Freightway launched April 27 to coordinate planning and projects for the region’s freight and shipping infrastructure as well as to expand the local industrial business market on both sides of the Mississippi.

May 2, 2016
Business, Logistics

Logistics Profits Help First-Quarter Earnings Rise at Three Companies

Logistics proved to be a profitable business in the first quarter as three prominent companies reported higher results.

April 27, 2016