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YRC Completes Initial Closing of Logistics Unit Sale

YRC Worldwide said Monday it completed the initial closing of its the previously announced sale of a portion of its YRC Logistics unit to a private equity firm.

YRC Completes Initial Closing of Logistics Unit Sale

YRC Worldwide said Monday it completed the initial closing of its the previously announced sale of a portion of its YRC Logistics unit to a private equity firm.

US 1 Industries’ Second-Quarter Profit Doubles

Logistics firm US 1 Industries said it earned $500,000, or 4 cents a share, in the second quarter, up from $250,000, or 2 cents, a year ago.

AutoInfo’s Profit Grows in 2Q

Third-party logistics provider AutoInfo said its second-quarter earnings rose to $1.2 million, or 3 cents a share, from $608,000, or 2 cents, last year.

UPS to Build Healthcare Logistics Hubs in Singapore, China

UPS Inc. plans to open two health-care-logistics hubs in Singapore and China to tap rising regional demand for medical devices and drugs, Bloomberg reported