Extras
Logistics News
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
Business, Safety, Government, Logistics

Vitran’s 4Q Income Flat; Company Reports Record Year

Toronto-based transportation and logistics firm Vitran Corp.’s fourth-quarter profit was $5 million or 37 cents a share, compared with $5 million or 39 cents a year earlier.

February 8, 2007
Business, Safety, Government, Logistics

Pacer’s Fourth-Quarter Income Rises; Revenue Dips

Transportation and third-party logistics firm Pacer International’s fourth-quarter net income rose to $21.5 million or 57 cents a share, from $20.4 million or 54 cents a year earlier.

February 8, 2007
Business, Government, Logistics

CSX Plans $8 Mln. Upgrade of Charlotte, N.C., Intermodal Terminal

Eastern freight railroad CSX Corp.’s intermodal unit plans to invest about $8 million to expand its Charlotte, N.C., terminal, the company said Wednesday.

February 7, 2007
Business, Safety, Government, Logistics

Company Withdraws from $1.2 Billion Buyout Plan of EGL

Transportation and logistics firm EGL Inc. said Wednesday that the private firm set to buy the bulk of EGL’s stock and take the company private pulled out of the $1.2 billion deal, citing concerns about EGL’s impending 2006 earnings report.

February 7, 2007
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