Diesel fuel’s national average pump price held at last week’s level of $2.889 a gallon, while gasoline plunged 9.1 cents to $2.958, the Department of Energy said Monday.
July 24, 2007Business, Logistics
Norfolk Southern’s 2Q Income Improves
Eastern freight railroad Norfolk Southern Corp. said Wednesday its second-quarter earnings grew 5% to $394 million or 98 cents a share, from $375 million or 89 cents a year ago.
July 25, 2007Business, Safety, Government, Logistics
C.H. Robinson’s 2Q Income Jumps 24%
Transportation and logistics firm C.H. Robinson Worldwide’s second-quarter profit jumped 24% to $82.3 million or 47 cents a share, from $66.6 million or 38 cents a year ago.
July 25, 2007Business, Logistics
Existing ºÚÁϳԹÏÍø Sales fall 3.8%
Existing homes sales fell in June for a fourth straight month, declining 3.8%, the National Association of Realtors said Wednesday.
July 25, 2007Business, Logistics
CN’s Second-Quarter Income Declines
Canadian National Railway Co. said its second-quarter profit declined 29% as a result of flat revenue and an income tax recovery charge.
July 24, 2007Fuel, Business, Logistics, Government
Diesel Holds at $2.889; Gas Drops 9.1¢ to $2.958
Business, Technology, Equipment, Safety, Logistics
Pittsburgh Logistics Launches Truckload Van Service
Pittsburgh Logistics Systems said Monday that its freight division has begun to offer truckload van service for general commodities, in addition to its flatbed service.
July 23, 2007Business, Logistics
Union Pacific’s 2Q Earnings Jump
Freight railroad Union Pacific Corp.’s second-quarter earnings jumped 14% to $446 million or $1.65 a share, from $390 million or $1.44 a year ago.
July 19, 2007Business, Logistics
CSX’s Second-Quarter Earnings Dip
Eastern freight rail line CSX Corp.’s second-quarter earnings fell almost 17% from a year earlier, the railroad said.
July 18, 2007Business, Logistics, Government
Railroads, Unions Reach Tentative Pact
Major U.S. freight railroads reached tentative agreements Tuesday with five rail labor unions representing about 30,000 unionized employees, the National Carriers' Conference Committee said.
July 18, 2007Business, Fuel, Safety, Logistics, Government, Technology, Equipment
Trucking Groups Back Tax Breaks for Onboard Power Units
American Trucking Associations and the Canadian Trucking Alliance Tuesday urged state and provincial governments to revise their fuel tax systems to encourage truckers to use truck idling reduction technology.
July 17, 2007