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Logistics News
Business, Fuel, Logistics

TT Logistics 50: Shippers, Carriers Seek Solutions to Logistics Challenges

Logistics companies face significant new challenges as both shippers and carriers look for ways to cope with financial turmoil, volatile fuel costs and slumping demand for goods and services.

November 17, 2008
Business, Logistics

US1 Reports Higher 3Q Income

Logistics firm US1 Industries’ third-quarter profit rose to $972,000, or 7 cents a share, from $789,000, or 6 cents, a year ago.

November 14, 2008
Fuel, Business, Logistics, Government

Diesel Falls Below $3 a Gallon

Diesel fuel’s national average price fell below $3 for the first time since September 2007, dropping 14.4 cents to $2.944 a gallon, the Department of Energy reported.

November 12, 2008
Business, Logistics

Contrans’ Third-Quarter Income Rises

Canadian firm Contrans Income Fund’s third-quarter was C$11.4 million, or 40 cents per unit, up from C$9.1 million, or 32 cents, a year ago.

November 10, 2008
Fuel, Business, Safety, Government, Logistics

Clean Energy Acquires Las Vegas CNG Stations

The Regional Transportation Commission of Southern Nevada has agreed to transfer ownership of five Las Vegas public compressed natural gas fueling stations to Clean Energy Fuels Corp., Clean Energy said Friday.

November 7, 2008
Business, Government, Logistics

Navistar Plans Production Cuts at Ontario Plant

Navistar International Corp. will scale back production and could lay off as many as 500 workers at its Ontario, Canada, truck plant, the Canadian Press reported Thursday.

November 6, 2008
Business, Safety, Government, Logistics

Mullen’s Third-Quarter Income Slips

Canadian transportation firm Mullen Group Income Fund said Thursday its third-quarter profit slipped to C$36.2 million, from C$38 million a year ago, while earnings per unit held at 45 cents.

November 6, 2008
Government, Business, Safety, Logistics

Expeditors’ 3Q Income Improves

Logistics firm Expeditors International of Washington said its third-quarter net income rose 15% to $85.5 million, or 39 cents a share, from $74.3 million, or 34 cents, a year ago.

November 4, 2008
Fuel, Business, Logistics, Government

Diesel Falls Another 20¢ to $3.088

Diesel fuel’s national average pump price continued its almost four-month decline, dropping 20 cents to $3.088 a gallon, the Energy Department said Monday.

November 4, 2008
Business, Government, Safety, Logistics

TransForce Reports Lower 3Q Income

Canadian transportation firm TransForce Inc. said its third-quarter net income slipped to C$26.5 million, or 31 cents per unit, from C$28.5 million, or 33 cents, a year ago.

November 3, 2008
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