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, 2008Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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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, 2008Mullen’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, 2008US1 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, 2008Diesel Plunges 14.9¢ to $4.353
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, 2008Diesel 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, 2008Contrans’ 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, 2008Bush 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, 2008Pacer’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, 2008Expeditors’ 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