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Timken Posts Record 2011 Sales and Earnings; Projects Strong Outlook for 2012

CANTON, Ohio, Jan. 26, 2012 /PRNewswire-FirstCall/ -- The Timken Company (NYSE: TKR) today reported record sales of $5.2 billion for 2011, up 28 percent from the prior year on strong demand from diverse industrial markets. The increase primarily reflects growth...

Hub Group, Inc. Reports Fourth Quarter Earnings per Share of $0.48 Excluding One-Time Costs

DOWNERS GROVE, Ill., Jan. 26, 2012 /PRNewswire/ -- Hub Group, Inc. (NASDAQ: HUBG) today announced financial results for the quarter and year ended December 31, 2011. Hub Group reported income of $17.0 million for the fourth quarter ended December 31,...
Union Pacific continues to post strong numbers ​

Q4 wraps up impressive 2011 for Union Pacific

Freight rail continues its steady climb, with North American operator Union Pacific capping off its impressive 2011 with a strong fourth quarter

Prospect Capital Provides $91.1 Million in Senior Secured Debt for Five Investments, Plus Exits Mac & Massey at 36% IRR

NEW YORK, NY--(Marketwire - January 3, 2012) - Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect provided $31.1 million of senior secured debt in December 2011 to VanDeMark Chemical Inc. ("VanDeMark"), a specialty chemical manufacturer located in Lockport,...

Sporty Honda Civic Si Version Earns Consumer Reports' Recommendation

Volkswagen Jetta GLI outscores Civic Si in head-to-head comparison YONKERS, N.Y., Dec. 21, 2011 /PRNewswire-USNewswire/ -- While earlier tests of the more-popular basic versions of the Honda Civic scored too low to be Recommended, the sportier Si version has...

New Report: Stagnant State Gas Taxes Costing States $10 Billion Each Year, Undermining Commerce and Forcing Raids on General Funds

Tax, Now at Eighty Year Low, Can Be Shored Up for $2.93 Per Average Driver Per Month WASHINGTON, Dec. 14, 2011 /PRNewswire-USNewswire/ -- A first of its kind, 50-state analysis from the Institute on Taxation and Economic Policy (ITEP)...

Giant Food Announces The Bozzuto Group as Development Partner for Cathedral Commons

LANDOVER, Md., Dec. 5, 2011 /PRNewswire/ -- Giant Food of Landover, Md. has announced the selection of The Bozzuto Group as partner for its development of Cathedral Commons, a mixed-use project on Wisconsin Avenue in Northwest Washington, D.C.  Cathedral Commons...

Changes Needed to Deal with Truck Driver Fatigue

The NTSB estimates that truck driver fatigue is a factor in 20 to 40 percent of all truck crashes.

Changes Needed to Deal with Truck Driver Fatigue

The NTSB estimates that truck driver fatigue is a factor in 20 to 40 percent of all truck crashes.
Boeing: China will need 400 new freight planes by 2030 ​

Boeing says China needs 400 new freight planes by 2030

With an economy that's growing in the double-digits, Boeing projects China will need 400 new freight planes by 2030
Goldman Sachs will outsource at least 1,000 U.S. jobs ​

Goldman Sachs outsourcing 1,000 U.S. jobs to Singapore

Just three years after being afforded a $10 billion bailout, Goldman Sachs plans to outsource 1,000 U.S. jobs to Singapore
Apple's supply chain is under fire again ​

Top 25 Supply Chains named by Gartner

Apple takes home top supply chain spot for fourth consecutive year in Gartner Top 25 list
Heinz ​

Heinz's Plans for a European Supply Chain Hub

Centralized procurement operations and a supply chain hub in The Netherlands are expected to improve Heinz's buying power
3PL growth is ahead of U.S. GDP growth ​

Report shows accelerated 3PL growth

Armstrong & Associates report shows third-party logistics industry continues to grow ahead of the U.S. GDP curve
IBM's cloud capabilities are better now with Emptoris ​

IBM raises expectations after strong first quarter

Software sales up 16% as IBM's WebSphere and Information Management sales shoot through the roof
The USPS is on quite a slide ​

USPS closures spark debate

With 2,000 locations closing, how can the USPS keep up in the logistics world?
UPS shipping figures are up more than 10% ​

Reports show UPS ahead of the supply chain curve

United Parcel Service reports increase in revenue; has highest gross margin in the air freight and logistics industry
Outsourcing Project of the Year awards ​

How to Benefit from Business Process Outsourcing

Business Process Outsourcing, known as BPO for short, is a growth market in Western countries. Companies turn to BPO as a means of achieving consistent quality in certain areas of their business which, in turn, allows them to focus on growth throughout the rest of their operations.
Global shipping has overcome the recession ​

How Global Shipping Has Overcome the Recession

Few industries were hit as hard by the global recession as the shipping sector, which lost an estimated $15-20 billion in 2009.
Celadon Group reports improved revenue ​

Celadon Group reports revenue up 18.9%

Freight revenue, excluding fuel surcharges, increased 12 percent to $116.7 million in the June quarter, from $104.2 million in the 2009 quarter. Net income was also up at Celadon Group to $2.7 million from $0.2 million last year.
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