<?xml:namespace prefix = o />Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.
January 26, 2008
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Logistics News
Fuel, Business, Logistics, Government
Diesel Drops 2.8¢ to $2.268
Business, Logistics
2007 Home Sales Fall to Lowest Level Since 1982
Existing homes sales fell 2.2% in December, capping the biggest annual slump since 1982, the National Association of Realtors said Thursday.
January 24, 2008Business, Logistics
Union Pacific Reports Higher 4Q Profit
Union Pacific Corp., the largest U.S. freight railroad by revenue, said Thursday its fourth-quarter net income rose to $491 million, or $1.86 per share, from $485 million, or $1.78, a year earlier.
January 24, 2008Business, Logistics
CN’s Fourth-Quarter Profit Rises
Canadian National Railway Co. said its fourth-quarter net income rose C$833 million or C$1.68 per share, from C$499 million or 95 cents per share a year earlier.
January 23, 2008Business, Logistics
Norfolk Southern’s 4Q Profit Improves
Eastern freight rail line Norfolk Southern Corp.’s fourth-quarter profit rose 3.6% and the railroad increased its dividend, the company said late Tuesday.
January 23, 2008Fuel, Business, Logistics, Government
Diesel Drops 5.6¢ to $3.27
The average national price of diesel fuel fell for a second straight week, dropping 5.6 cents to $3.27 a gallon, the Department of Energy said Tuesday.
January 22, 2008Business, Logistics, Technology, Equipment, Safety
Descartes Acquires Fluensee’s MobiTrac
Canadian Logistics software provider Descartes Systems Group said it has acquired Fluensee Inc.’s MobiTrac fleet management business.
January 22, 2008Business, Logistics
CSX Reports 4Q Profit Gain
Eastern freight rail line CSX Corp. said Tuesday its fourth-quarter earnings rose more than 5% from a year earlier, to $365 million or 86 cents a share, from $347 million or 75 cents a year earlier.
January 22, 2008Business, Government, Safety, Logistics, Technology, Equipment, Autonomous
Panel Urges Infrastructure Overhaul
WASHINGTON — In a controversial report calling for huge new spending on the national transportation system, a congressional commission last week made several recommendations that would affect trucking, including new flexibility in the federal driver hours-of-service rule in congestion-prone areas.
January 21, 2008Business, Logistics
FedEx Says It Cuts Some LTL Delivery Times
FedEx Corp. said its less-than-truckload unit, FedEx Freight, improved its service in key U.S. markets, and that its FedEx National LTL unit now provides long-haul shippers with improved on-time service.
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