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.