Extras
Logistics News
Business, Logistics

NS, KCS Report Mixed Results

Eastern freight railroad Norfolk Southern Corp.’s first-quarter profit fell, while Kansas City Southern said its net income nearly doubled.

April 26, 2007
Government, Business, Safety, Logistics

C.H. Robinson’s Profit Improves

Transportation and logistics firm C.H. Robinson Worldwide said its first-quarter net income jumped 25.6% to $73 million or 42 cents a share, up from $58.1 million or 33 cents a year ago.

April 24, 2007
Fuel, Business, Logistics, Government

Diesel Drops 2.6¢ to $2.851

The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.

April 24, 2007
Business, Safety, Government, Logistics

TransForce’s Income Dips

Canadian transportation firm TransForce Income Fund said Tuesday it earned C$20.9 million or 24 cents a share in the first quarter, down from C$22.1 million or 27 cents a year earlier.

April 24, 2007
Business, Logistics

CN, BNSF Report Lower Profit

Railroads Canadian National and Burlington Northern Santa Fe Corp. reported their first-quarter profits declined, even as revenue rose.

April 24, 2007
Business, Logistics

Hub Group’s Earnings Rise

Third-party logistics company and freight broker Hub Group said late Thursday its first-quarter profit rose 25% to $11.4 million or 29 cents a share, from $9.1 million or 22 cents a share a year ago.

April 20, 2007
Business, Logistics

Union Pacific’s 1Q Profit Rises

Union Pacific Corp., the nation’s largest freight railroad, said Thursday its first-quarter profit rose 24% to $386 million or $1.41 per share, from $311 million or $1.15 last year.

April 19, 2007
Business, Logistics

CSX’s 1Q Profit Dips; Revenue Hits Record

CSX Corp. late Tuesday reported that its first-quarter profit fell 2%, due to slower freight demand and a sluggish economy.

April 18, 2007
Business, Logistics

CN Workers Begin Strike

Canadian National Railway Co.’s 2,800 union conductors and yard workers began rotating strikes Wednesday after rejecting a proposed one-year contract, Bloomberg reported.

April 12, 2007
Business, Safety, Government, Logistics

Exec Downplays Rail Takeovers

Norfolk Southern Corp. Chief Executive Officer Charles “Wick” Moorman told the Surface Transportation Board that buyout firms probably will not try to acquire major U.S. railroads because of opposition by rail management, Bloomberg reported.

April 12, 2007
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