Extras
Logistics News
Business, Government, Safety, Logistics

Rail Freight Slowing in First Quarter, Analyst Says

Union Pacific Railroad has laid off 124 people and cut back hours for 455 more because of lower freight demand, the Associated Press reported, and a market analysis firm Monday lowered its market outlook for the rail sector.

February 26, 2007
Business, Safety, Government, Logistics

TransForce Reports Gains in 4Q Income, Revenue

Canadian transportation firm TransForce Income Fund said Monday it earned C$55.1 million or 64 cents a share in the fourth quarter, up from C$35.9 million or 47 cents a year earlier.

February 26, 2007
Business, Government, Logistics

Canada May Pass Law to End CN Railroad Strike

Canadian Labor Minister Jean-Pierre Blackburn introduced legislation Friday to force striking Canadian National Railway Co. employees back to work as early as next week, Bloomberg reported.

February 23, 2007
Business, Fuel, Logistics, Government

Diesel Rises for Third Straight Week, Climbing 1.5 Cents to $2.491

The average national retail price of diesel fuel rose 1.5 cents to $2.491 a gallon, the Energy Department reported Tuesday.

February 21, 2007
Business, Government, Logistics

Canada Appoints Mediator to Solve CN Rail Strike

A strike by Canadian National Railway workers stretching into its second week has Canadian federal officials concerned and the federal government has appointed a mediator to try to solve the dispute, Bloomberg reported.

February 20, 2007
Business, Logistics, Government, Autonomous

Schneider, DHL Stepping Up Operations in China

Truckload carrier Schneider National said Thursday it received a business license from the Chinese government to begin trucking and logistics operations in that country.

February 15, 2007
Business, Logistics

Trailer Maker Wabash National Reports Fourth-Quarter Loss

Trailer maker Wabash National Corp. reported a fourth-quarter loss of $5 million or 16 cents a share, compared with earning $20 million or 55 cents a year earlier.

February 14, 2007
Business, Fuel, Logistics, Government

Diesel Price Jumps 4.1 Cents to $2.476 a Gallon

The average national price of retail diesel fuel jumped 4.1 cents to $2.476 a gallon, the Department of Energy said Monday.

February 13, 2007
Business, Government, Safety, Logistics

Expeditors International Reports Lower 4Q Profit

Logistics firm Expeditors International of Washington on Tuesday said its fourth-quarter profits fell to $62.6 million or 28 cents a share, down from $74.3 million or 34 cents a year ago.

February 13, 2007
Business, Government, Safety, Logistics

Hub Group’s Fourth-Quarter, Full-Year Earnings Rise

Third-party logistics provider Hub Group said late Monday it earned $13.5 million or 34 cents a share in the fourth quarter, up from $10.1 million or 25 cents a share for the same quarter a year earlier.

February 12, 2007
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