Extras
Logistics News
Government, Business, Logistics

SoCal Ports Reach Labor Pact

Union workers at the Southern California ports of Los Angeles and Long Beach reached a tentative agreement with shipping lines and terminal operators, averting the threat of a strike at the biggest U.S. port complex, the Los Angeles Times reported Friday.

July 27, 2007
Business, Logistics

Norfolk Southern’s 2Q Income Improves

Eastern freight railroad Norfolk Southern Corp. said Wednesday its second-quarter earnings grew 5% to $394 million or 98 cents a share, from $375 million or 89 cents a year ago.

July 25, 2007
Business, Safety, Government, Logistics

C.H. Robinson’s 2Q Income Jumps 24%

Transportation and logistics firm C.H. Robinson Worldwide’s second-quarter profit jumped 24% to $82.3 million or 47 cents a share, from $66.6 million or 38 cents a year ago.

July 25, 2007
Business, Logistics

Existing Home Sales fall 3.8%

Existing homes sales fell in June for a fourth straight month, declining 3.8%, the National Association of Realtors said Wednesday.

July 25, 2007
Business, Logistics

CN’s Second-Quarter Income Declines

Canadian National Railway Co. said its second-quarter profit declined 29% as a result of flat revenue and an income tax recovery charge.

July 24, 2007
Fuel, Business, Logistics, Government

Diesel Holds at $2.889; Gas Drops 9.1¢ to $2.958

Diesel fuel’s national average pump price held at last week’s level of $2.889 a gallon, while gasoline plunged 9.1 cents to $2.958, the Department of Energy said Monday.

July 24, 2007
Business, Technology, Equipment, Safety, Logistics

Pittsburgh Logistics Launches Truckload Van Service

Pittsburgh Logistics Systems said Monday that its freight division has begun to offer truckload van service for general commodities, in addition to its flatbed service.

July 23, 2007
Business, Logistics

Union Pacific’s 2Q Earnings Jump

Freight railroad Union Pacific Corp.’s second-quarter earnings jumped 14% to $446 million or $1.65 a share, from $390 million or $1.44 a year ago.

July 19, 2007
Business, Logistics

CSX’s Second-Quarter Earnings Dip

Eastern freight rail line CSX Corp.’s second-quarter earnings fell almost 17% from a year earlier, the railroad said.

July 18, 2007
Business, Logistics, Government

Railroads, Unions Reach Tentative Pact

Major U.S. freight railroads reached tentative agreements Tuesday with five rail labor unions representing about 30,000 unionized employees, the National Carriers' Conference Committee said.

July 18, 2007
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