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Logistics News
Business, Logistics

Existing Home Sales Fall 3%

Existing homes sales fell 3% in March, the National Association of Realtors said Thursday.

April 23, 2009
Business, Logistics

Canadian Pacific Reports Lower 1Q Income

Canadian freight railroad Canadian Pacific’s first-quarter net income fell 31.1% to C$62.5 million, or 39 cents a share, from C$90.7 million, or 59 cents a share a year earlier.

April 23, 2009
Business, Logistics

Norfolk Southern’s 1Q Profit Drops 39%

Norfolk Southern Corp. said its first-quarter profit fell 39% from a year ago on lower shipping demand.

April 22, 2009
Business, Safety, Government, Logistics

C.H. Robinson Reports Flat 1Q Income

Transportation and third-party logistics firm C.H. Robinson Worldwide’s first-quarter profit dipped slightly to $85.4 million, or 50 cents a share, from $86.3 million, or 50 cents, a year ago.

April 21, 2009
Fuel, Business, Logistics, Government

Diesel Dips 0.8¢ to $2.221; Oil Hits Seven-Week Low

The national average price of diesel fuel fell by less than a penny, dipping 0.8 cent to $2.221 a gallon, the Department of Energy reported.

April 21, 2009
Business, Safety, Government, Logistics

Load Volumes Decline for Logistics Firms but Gross Margins Rise, Voltmann Says

Freight brokers and logistics providers, who met earlier this month in San Antonio, provided more evidence of the bleak condition of the freight transportation business and also moved to gather data on the size of their segment of the industry.

April 21, 2009
Business, Logistics

Canadian National’s 1Q Income Improves

Canadian National Railway said late Monday its first-quarter net income rose to C$424 million, or 90 cents a share, from C$311 million, or 64 cents, a year ago.

April 20, 2009
Government, Business, Safety, Logistics

Norfolk Southern Wins Ethanol Depot Ruling

A federal judge ruled that Norfolk Southern Corp. can continue operating an ethanol-transfer station in Alexandria, Va., overruling a local ordinance, Bloomberg reported.

April 17, 2009
Business, Logistics

US 1 Reports Flat Fourth-Quarter Income

Logistics firm US 1 Industries said its fourth-quarter net income was flat at $582,000, or 4 cents a share, compared with $579,000, or 4 cents, a year earlier.

April 15, 2009
Business, Logistics

CSX 1Q Profit Falls 27%

Eastern freight railroad CSX Corp. said its per-share profit fell 27% in the first quarter.

April 15, 2009
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