Diesel’s national average pump price fell for the 13th time in the last 14 weeks, declining 17.7 cents to $3.482 a gallon, the Department of Energy said Monday.
October 21, 2008Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Existing Home Sales Rise 5.5%
Existing homes sales jumped 5.5% in September to the highest level in a year, the National Association of Realtors said Friday.
October 24, 2008Union Pacific’s 3Q Profit Jumps 32%
Union Pacific Corp. said Thursday its third-quarter profit rose 32% to $703 million, or $1.38 per share, from $532 million, or $1.00 per share, last year.
October 23, 2008Norfolk Southern’s 3Q Profit Jumps 35%
Norfolk Southern Corp.’s third-quarter profit jumped 35%, the railroad said late Tuesday.
October 22, 2008C.H. Robinson Reports Higher 3Q Income
Transportation and third-party logistics firm C.H. Robinson Worldwide said its third-quarter profit rose to $93.6 million, or 54 cents a share, from $83.7 million, or 48 cents, a year ago.
October 21, 2008CN's Quarterly Profit Improves
Canadian National Railway, Canada’s largest railroad, said its net income rose 14% to C$552 million in the third quarter, or C$1.16 a share, from C$485 million, or 96 cents, a year ago.
October 21, 2008Opinion: Just What the Doctor Ordered
The Federal Motor Carrier Safety Administration soon will introduce a program that will list certified medical examiners on a national registry and require all interstate commercial truck drivers to obtain their medical certification from an approved examiner.
October 21, 2008Greatwide Logistics to be Acquired by Investor Group
Greatwide Logistics Services, a provider of non-asset-based transportation and third-party logistics services, said it will be acquired by a private investor group.
October 21, 2008Diesel Falls 17.7¢ to $3.482; Gas Drops 23.7¢ to Below $3
Class 8 Sales Rise in September, But Orders Drop Dramatically
Heavy-duty truck sales in the United States grew for the fourth straight month in September, but year-to-date results remained weak and the recent national economic chaos led to a sharp drop in new orders during September.
October 20, 2008CSX’s Third-Quarter Income Declines
Eastern freight railroad CSX Corp. reported its third-quarter net income fell from a year ago, but posted record income from continuing operations for the period.
October 15, 2008