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Logistics News
Government, Business, Logistics

Norfolk Southern’s 4Q Profit Improves

Norfolk Southern Corp. said its fourth-quarter profit rose 13% on higher shipping costs, though its intermodal business declined.

January 28, 2009
Business, Safety, Government, Logistics

C.H. Robinson’s 4Q Income Rises

Transportation and third-party logistics firm C.H. Robinson Worldwide said its fourth-quarter profit rose to $88.9 million, or 52 cents a share, from $85.3 million, or 49 cents, a year ago.

January 27, 2009
Fuel, Business, Logistics, Government

Diesel Drops 2.8¢ to $2.268

Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.

January 27, 2009
Business, Government, Logistics

Canadian Railroads’ 4Q Earnings Decline

Canada’s two major freight railroads reported lower fourth-quarter earnings on lower freight demand.

January 27, 2009
Business, Logistics, Government

Existing Home Sales Rise in November

Existing homes sales increased 6.5% in November, while the median price of a home fell 15% from the same month last year, the biggest drop on record, the National Association of Realtors said Monday.

January 26, 2009
Business, Logistics, Government

Gas Gains 8¢ in Two Weeks to $1.86, Lundberg Says

Gasoline’s national average price rose 8 cents over the two weeks ended Friday to $1.86 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

January 26, 2009
Business, Logistics

Union Pacific’s 4Q Profit Jumps 35%

Union Pacific Corp. said Thursday its fourth-quarter profit rose 35% to $661 million, or $1.31 per share, from $491 million, or 93 cents per share, last year.

January 22, 2009
Business, Safety, Government, Logistics

CSX’s Fourth-Quarter Income Slips

CSX Corp. said its fourth-quarter profit fell from a year ago, largely due to a non-transportation-related writedown.

January 21, 2009
Business, Logistics, Government

Gasoline Rises After Five Months of Decline, Lundberg Says

The national average price of regular gasoline increased for the first time since early July, rising 11.7 cents to $1.779 a gallon during the two weeks ended Friday, according to the latest Lundberg Survey of filling stations released Sunday.

January 12, 2009
Business, Safety, Logistics

Group Calls for Ban on Cell Phone Use While Driving

A national safety group is advocating for laws completely banning cell phone use while driving, the Associated Press reported.

January 12, 2009
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