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Logistics News
Business, Safety, Government, Logistics

Pacer’s President Steps Down; Orris to Take Intermodal Post

Transportation and logistics firm Pacer International said Wednesday that its president, Tom Shurstad, is leaving the company and that its retired chief executive officer, Don Orris, will become president of its intermodal segment.

November 7, 2007
Business, Logistics, Fuel, Government

Diesel, Crude Oil Hit New Records

Retail diesel prices continued to climb last week, with the national average jumping 6.3 cents to $3.157 a gallon, matching the record set two years ago, according to the Department of Energy.

November 5, 2007
Business, Logistics

Wabash National’s 3Q Earnings Fall

Trailer maker Wabash National Corp. said its third-quarter profit fell to $3.8 million or 12 cents a share, from $5 million or 15 cents a year ago.

November 1, 2007
Business, Safety, Government, Logistics

Pacer’s 3Q Profit Declines

Transportation and third-party logistics firm Pacer International’s third-quarter profit fell 27% from a year ago, the company said.

October 31, 2007
Fuel, Business, Logistics, Government

Diesel Rises 6.3¢ to Match Record $3.157

The national average price of diesel fuel rose 6.3 cents to $3.157 a gallon, matching the all-time record set two years ago, the Energy Department said Monday.

October 30, 2007
Business, Logistics

Canadian Pacific Reports Higher Earnings

Canadian Pacific Railway said it earned C$218.6 million or C$1.41 a share, up from $163.8 million or C$1.04 a year earlier.

October 30, 2007
Business, Government, Safety, Fuel, Logistics

Graves Urges Industry to Lead on Warming, Highway Issues

ORLANDO, Fla. — ATA President Bill Graves challenged industry leaders to move aggressively to lead the national debate on climate change, linking truck emission reductions to higher fuel consumption and the need for greater trucking productivity to alleviate congestion.

October 29, 2007
Business, Logistics

Kansas City Southern’s 3Q Earnings Rise

Kansas City Southern railroad said its third-quarter earnings jumped 58%, as it handled more autos, coal and chemicals.

October 26, 2007
Business, Logistics

Home Sales Fall to Lowest Level on Record

Existing homes sales fell in September to the lowest level since record keeping began in 1999, the National Association of Realtors said Wednesday.

October 24, 2007
Government, Business, Logistics

SoCal Fires Close Part of Interstate 5

Interstate 5 in Southern California is closed in both directions near Camp Pendleton, as firefighters continue to battle ongoing blazes burning close to the freeway, the Associated Press reported.

October 24, 2007
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