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Logistics News
Fuel, Business, Logistics, Government

Diesel Drops 14.9¢ to $4.353 a Gallon

The national diesel average declined 14.9 cents last week to $4.353 a gallon, the fourth straight drop that has lowered the price of trucking’s main fuel by 41.1 cents a gallon, the Department of Energy reported.

August 18, 2008
Business, Safety, Government, Logistics

Mullen’s 2Q Income Improves

Canadian transportation firm Mullen Group Income Fund’s second-quarter profit rose to C$19.9 million, or 25 cents a unit, from C$16.6 million, or 21 cents, a year ago.

August 13, 2008
Business, Logistics

US1 Industries Reports Lower 2Q Profit

Logistics firm US1 Industries said its second-quarter net income slipped to $813,000, or 6 cents a share, from $1.1 million, or 9 cents, a year ago.

August 12, 2008
Fuel, Business, Logistics, Government

Diesel Plunges 14.9¢ to $4.353

Diesel fuel’s national average pump price continued to slide Monday, falling 14.9 cents to $4.353 a gallon, the Energy Department said.

August 12, 2008
Business, Fuel, Government, Logistics

Warehousing: Fleets Acquire Storage Space to Expand Role in Supply Chain

The cost advantage offered by shipping direct and avoiding paying for warehousing and inventory is dwindling, possibly forever, as the price of fuel rises. As a result, more carriers have started looking at warehousing to play a larger role in the logistics process.

August 11, 2008
Fuel, Business, Logistics

Diesel Drops 10.1¢ to $4.50 a Gallon

The cost of retail diesel fell another 10.1 cents last week to $4.502 a gallon, the third-straight weekly decline in the national average that has cut 26.2 cents from trucking’s main fuel, the U.S. Department of Energy said.

August 11, 2008
Business, Logistics

Contrans’ Second-Quarter Income Improves

Canadian firm Contrans Income Fund’s second-quarter income rose compared with a year ago, due largely to a big income tax charge in the previous second quarter.

August 6, 2008
Business, Safety, Government, Logistics

Bush Orders Expedited Columbia River Crossing in Pacific Northwest

The Columbia River Crossing between Portland, Ore., and Vancouver, Wash., has received national priority status from the White House to expedite the project, the U.S. Department of Transportation said late Tuesday.

August 5, 2008
Government, Business, Safety, Logistics

Pacer’s 2Q Income Improves

Transportation and third-party logistics firm Pacer International said late Tuesday its second-quarter profit rose 10.4% to $13.8 million, or 40 cents a share, from $12.5 million, or 34 cents, a year ago.

August 5, 2008
Business, Logistics

Expeditors’ Second-Quarter Income Improves

Logistics firm Expeditors International of Washington said its second-quarter net income rose 9% to $71.3 million, or 32 cents a share, from $65.5 million, or 30 cents, a year ago.

August 5, 2008
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