APL Logistics is moving closer to the checkout queue with three companies reportedly on the shortlist to buy the NOL Group logistics unit, one based in Korea and two U.S. firms.
Pacer International news and analysis. Get the latest news about Pacer International and international logistics industry.
13 Sep 2014
Fast-growing third-party logistics companies are tuning into and tapping broad trends driving logistics growth in the U.S. and globally, including increased cross-border trade and the expansion of intermodal rail. Here are seven trends picked by XPO Logistics CEO Bradley S. Jacobs.
26 Feb 2014
Encouraged by signs of a stronger U.S. economy and recent acquisitions, XPO Logistics is raising its revenue run rate target for 2014 to $2.75 billion, almost triple the $1 billion run rate the company achieved in 2013.
12 Jan 2014
At a recent supply chain conference, Bradley S. Jacobs heard a “financially compelling” case for investing and doing business in his country from former Mexican President Felipe Calderón. “Mexico is positioning to chip into China’s status as one of our major trading partners,” said the chairman and CEO of XPO Logistics.
06 Jan 2014
More midsize and smaller shippers will have access to intermodal rail following the acquisition of Pacer International by XPO Logistics, a move that will push truck freight brokerage toward a more multimodal model.
06 Jan 2014
XPO Logistics will buy intermodal giant Pacer International for approximately $335 million, expanding its reach into new freight markets.
21 Nov 2013
Pacer International has predicted its revenue in 2014 will range between $1.1 billion and $1.3 billion, representing an expected increase of 10 percent to 18 percent from its 2013 results.
25 Oct 2013
Pacer International reported its profit in the third quarter of 2013 was $2.8 million, jumping 155 percent or $1.7 million from the third quarter of 2012.
11 Oct 2013
Michael Stark sounds pleasantly surprised at 2013’s second-half surge in transloading volume for import containers in Southern California.
26 Jul 2013
Pacer International reported its net income in the second quarter of 2013 totaled $1.9 million, compared with $1.3 million in the same quarter in 2012.
25 Apr 2013
Pacer International reported net income in the first quarter of 2013 was $1.3 million, improving from a net loss of $0.3 million in the first quarter of 2012.
03 Apr 2013
Pacer International has appointed Julie A. Krehbiel as executive vice president of sales and marketing for intermodal, effective April 8.
07 Feb 2013
North American freight and logistics company Pacer International today reported profit in the fourth quarter of 2012 was $2.2 million, increasing 100 percent from $1.1 million in the fourth quarter of 2011.
25 Oct 2012
Pacer International, Inc., has hired Paul C. Svindland to serve as chief operating officer, effective Nov. 12, 2012.
03 Oct 2012
The Containerization and Intermodal Institute presented its 2012 West Coast Connie Awards to Matthew J. Cox, president and CEO of Matson Inc., and Donald C.
09 May 2012
Pacer International and CSX Transportation have extended their partnership through a new multiyear agreement, giving the intermodal middleman more opportunity to tap the Eastern shift of cargo from th
26 Apr 2012
28 Mar 2012
Pacer International named Al Benki as senior vice president, international logistics for Asian and European operations, where he will be responsible for growth of its international business units, Oce
27 Oct 2011
28 Jul 2011
Intermodal middleman Pacer International’s profit tripled year-over-year in the second quarter despite shrinkage in top-line receipts, as the company transitions from wholesaling train space to
28 Apr 2011
Intermodal service provider Pacer International posted net income of $2 million in the January-March period, up from a $500,000 loss in the 2010 quarter.
04 Apr 2011
Pacer International named Daniel L.
10 Feb 2011
Intermodal provider Pacer International eked out a $900,000 net profit in 2010, compared with a $174.8 million loss in 2009. Revenue dropped 4.5 percent to $1.5 billion in 2010.
06 Jan 2011
North American intermodal and global logistics firm Pacer International picked industry veteran Daniel L.
05 Jan 2011
Intermodal middleman firm Pacer International said it replaced its credit financing arrangements with a new deal that cuts interest rates and fees and shrinks to two from eleven the number of particip
15 Dec 2010
Transportation analyst John Larkin of Stifel Nicolaus is downgrading his stock ratings of three major intermodal companies, to 'hold' from 'buy,' citing their current valuations and the potential for
03 Nov 2010
Intermodal provider Pacer International saw its third-quarter net income jump 83 percent to $1.1 million while revenue fell, but said it would have done better had not Hurricane Alex disrupted its tra
16 Aug 2010
A return to profitability is helping to sway cautious Wall Street analysts that Pacer International’s strategic shift from a wholesale middleman service to a company focused on moving containers
05 Aug 2010
Intermodal and logistics services provider Pacer International posted a $1.4 million profit in the April-June period, up from a $7.3 million loss a year earlier, as its intermodal and logistics units