CN’s Fourth-Quarter Profit Rises
Canadian National Railway Co. said its fourth-quarter net income rose C$833 million or C$1.68 per share, from C$499 million or 95 cents per share a year earlier.
January 23, 2008Norfolk Southern’s 4Q Profit Improves
Eastern freight rail line Norfolk Southern Corp.’s fourth-quarter profit rose 3.6% and the railroad increased its dividend, the company said late Tuesday.
January 23, 2008Diesel Drops 5.6¢ to $3.27
The average national price of diesel fuel fell for a second straight week, dropping 5.6 cents to $3.27 a gallon, the Department of Energy said Tuesday.
January 22, 2008USF Holland Offers New U.S.-Canada Delivery Service
Less-than-truckload carrier USF Holland said Tuesday it launched a new guaranteed service to and from Canada.
January 22, 2008Letters to the Editor: Technology, Software Trend, Idling Regs
The issue of pollution is well understood, and few today would argue the link between global warming and emissions.
January 22, 2008Descartes Acquires Fluensee’s MobiTrac
Canadian Logistics software provider Descartes Systems Group said it has acquired Fluensee Inc.’s MobiTrac fleet management business.
January 22, 2008Arsenault Associates Reports Revenue Growth
Fleet management technology provider Arsenault Associates reported Tuesday its third consecutive year of double-digit revenue growth.
January 22, 2008Freightliner, Eaton Roll Out Hybrid Truck
Freightliner Trucks said Monday it had a new Class 6 hybrid truck available, made in conjunction with Eaton Corp.
January 22, 2008Fed Slashes Interest Rate to 3.5%
In an emergency move, the Federal Reserve Tuesday cut the key U.S. interest rate by three-quarters of a point to 3.5%, the Associated Press reported.
January 22, 2008Sysco to Use Xata’s Software
Xata Corp. said Tuesday that foodservice marketer and distributor Sysco Corp. has chosen Xata as its preferred provider of onboard fleet technology.
January 22, 2008