The national average price of diesel fuel rose to its highest level this year, climbing 1.2 cents to $2.898 a gallon, the Department of Energy reported Monday.
August 7, 2007
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Logistics News
Business, Logistics
Expeditors’ 2Q Profit Rises
Logistics firm Expeditors International of Washington’s second-quarter profit rose 16% to $65.5 million or 30 cents a share, from $56.3 million or 25 cents a year ago.
August 7, 2007Fuel, Business, Logistics, Government
Diesel Rises 1.2 Cents to $2.898 a Gallon
Business, Logistics
Pattullo Joins Ceva as CEO
Ceva Logistics, which last Thursday completed its acquisition of Houston-based EGL Inc., said John Pattullo has joined the company as its new chief executive officer.
August 6, 2007Business, Safety, Government, Logistics
Penske to Manage European Supply Chain for Bombardier
Penske Logistics has been selected as the lead logistics provider for Bombardier Transportation’s European operations, the company said Monday.
August 6, 2007Business, Safety, Government, Logistics
TransForce to Purchase Canadian Courier
Canadian transportation firm TransForce Income Fund said Thursday it will purchase Century II Holdings, the parent company of Toronto-based ICS Courier.
August 3, 2007Business, Logistics
EGL Shareholders Approve Buyout
EGL Inc. said late Tuesday that its shareholders approved the company’s proposed $2 billion buyout by Ceva Group, and the deal is expected to close on Thursday.
August 1, 2007Fuel, Business, Logistics, Government
Diesel Dips 0.3¢ to $2.886; Gasoline Tumbles Again
Diesel fuel’s national average pump price dipped 0.3 cent to $2.886 a gallon, while gasoline continued its downward trend, falling 8.2 cents to $2.876, the Energy Department said Monday.
July 31, 2007Business, Logistics
Wabash Reports Higher 2Q Earnings
Trailer maker Wabash National Corp. reported its second-quarter profit rose to $5.9 million or 18 cents a share, from $5 million or 15 cents a year ago.
July 31, 2007Business, Logistics, Government
Chicago Manufacturing Index Drops
Manufacturing activity in the Chicago region declined in July, the National Association of Purchasing Management said Tuesday.
July 31, 2007Business, Logistics, Technology, Equipment, Safety
Schneider to Use Oracle Software System
Truckload carrier Schneider National has selected Oracle to supply infrastructure software for its integrated transaction and data enterprise software system, Oracle said Monday.
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