Freight railroad CSX Corp. said its second-quarter profit fell 20% as fuel surcharges and shipments dropped.
July 14, 2009Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
CSX Profit Falls 20% in Second Quarter
CEVA Recruits Ryan as First COO
CEVA Logistics has appointed Matthew Ryan its first chief operating officer, the company announced on July 2. He will manage the company’s global operations team and be responsible for global procurement, CEVA said.
July 14, 2009Expeditors Releases 2Q Earnings Guidance
Logistics firm Expeditors International of Washington said Monday its second-quarter earnings will likely be 24 cents to 26 cents per share, down from 32 cents a year ago.
July 13, 2009Trucking’s Safety Emphasis Pays Off
At a time when good news in the trucking industry is hard to come by, the National Highway Traffic Safety Administration served up a generous helping of it last week when it said that truck-related highway fatalities plummeted 12% last year.
July 13, 2009Don’t Ignore NTSB Suggestions, Nominee Hersman Tells Congress
WASHINGTON — Debbie Hersman, President Obama’s choice to lead the National Transportation Safety Board, told a Senate committee that other transportation agencies should voluntarily adopt the board’s recommendations, and if they don’t, Congress should order them to.
July 13, 2009Truck Fatalities Fall 12%
Truck-related highway fatalities plummeted 12% in 2008 to 4,229, the lowest total since the federal government began keeping records, the National Highway Traffic Safety Administration said.
July 13, 2009Schneider Sells Czech Logistics Business
Schneider Logistics said it has sold its operations based in Olomouc, Czech Republic, to ExlService Holdings, an outsourcing company.
July 8, 2009Quiet Logistics Expands Kiva System Capacity
Third-party logistics firm Quiet Logistics has tripled the capacity in its Kiva Mobile Fulfillment System in less than six months, Kiva said.
July 7, 2009Diesel Falls 1.4¢ to $2.594
Diesel fuel’s national average price fell 1.4 cents to $2.594 a gallon, its second straight decline following almost two months of increases, the Energy Department said.
July 7, 2009Navistar, CAW Deadlocked on Ontario Plant Talks
The Canadian Auto Workers said it has rejected a proposal from Navistar International Corp. to keep the company’s Chatham, Ontario, heavy-duty truck plant open, while a Navistar spokesman said the plant will remain closed until a new labor agreement is reached.
July 6, 2009