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Logistics News
Business, Logistics

Dynamex Reports Lower 1Q Income

Logistics and delivery firm Dynamex Inc.’s fiscal first-quarter profit fell slightly to $3.03 million, or 31 cents a share, from $3.05 million, or 30 cents, a year ago.

December 2, 2009
Government, Business, Logistics

Canadian National Engineers Strike

Canada-based locomotive engineers for Canadian National Railway Co. started a strike Saturday, and the government has proposed legislation to stop the strike, Bloomberg reported.

November 30, 2009
Fuel, Business, Logistics

Diesel Drops 1.2¢ to $2.775 in Fourth Straight Decline

Diesel fuel’s national average fell for the fourth straight week, declining 1.2 cents to $2.775 a gallon, the Department of Energy reported.

November 30, 2009
Business, Logistics

YRC Sells Contract Carriage Business to Greatwide Logistics

YRC Worldwide said it has sold its dedicated contract carriage business to Greatwide Logistics Services for $34 million.

November 25, 2009
Business, Logistics

Apollo Considers Going Public on NYSE

Apollo Management, the buyout firm that created Pacer International, Quality Distribution and CEVA Logistics, may soon go public, according to a report in the Financial Times newspaper, Bloomberg reported.

November 25, 2009
Business, Logistics, Fuel, Government

Diesel Dips 0.3¢ to $2.787 in Third Straight Decline

Diesel’s national average price fell for a third straight week, declining 0.3 cent to $2.787 a gallon, the Department of Energy said Monday.

November 23, 2009
Business, Logistics

Existing Home Sales Jump 10.1%

Existing homes sales jumped in October to the highest level since February 2007, the National Association of Realtors said Monday.

November 23, 2009
Fuel, Business, Logistics, Government

Gasoline Price Drops 3.6¢ to $2.65 a Gallon

The national average price of regular gasoline fell 3.64 cents in the two weeks ended Friday, $2.65 a gallon, according to the latest Lundberg Survey of fuel prices.

November 23, 2009
Business, Logistics

Rail Exec Suggests Weight Limits Could Be Raised by Up to 10%

ANAHEIM, Calif. — BNSF Railway Vice President Steve Branscum called on truckers and shippers to jointly pinpoint areas where freight weight limits could be raised, perhaps by 10%.

November 23, 2009
Business, Logistics

Penske Logistics Names Three Executives

Penske Logistics said it has promoted three employees to executive positions.

November 20, 2009
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