Diverting Hazmat From D.C. Would Cost $4.3 Bln., Planners Say
Shippers Benefitting From Softer Freight Market, Journal Reports
Freight shippers are seeing a more favorable environment because of slipping overall volumes moved by trucks and trains and an abundance of capacity, the Wall Street Journal reported Wednesday.
April 18, 2007Letters to the Editor: Steering; Opening the Border
CSX’s 1Q Profit Dips; Revenue Hits Record
CSX Corp. late Tuesday reported that its first-quarter profit fell 2%, due to slower freight demand and a sluggish economy.
April 18, 2007ODFL Buys Wash. Carrier
Less-than-truckload carrier Old Dominion Freight Line said Tuesday that it signed an agreement to purchase Priority Freight Lines, a carrier in Sumner, Wash. Terms were not disclosed.
April 17, 2007Con-way’s First-Quarter Profit Falls
Con-way Inc.’s first-quarter income fell 29% as the company’s revenue declined, and the transportation firm lowered its 2007 earnings outlook.
April 17, 2007J.B. Hunt’s 1Q Income Dips
Truckload carrier J.B. Hunt Transport Services reported its first-quarter profit declined to $44.2 million or 30 cents a share, from $49 million or 31 cents a year ago.
April 17, 2007Diesel Rises 3.7¢ to $2.877
The average price of retail diesel fuel rose 3.7 cents to $2.877 a gallon, the Department of Energy reported Monday.
April 17, 2007FedEx Sets New Brokerage Service
FedEx Corp. said Tuesday it has introduced a new brokerage company called FedEx Truckload Brokerage.
April 17, 2007Werner’s 1Q Income Declines
Truckload carrier Werner Enterprises said its first-quarter profit declined 29% on lower demand.
April 17, 2007