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Logistics News
Business, Logistics

Hub Group’s 4Q Earnings Slide

Logistics, intermodal and brokerage firm Hub Group’s fourth-quarter profit fell to $10 million, or 26 cents a share, from $14.2 million, or 38 cents, a year ago.

January 29, 2010
Business, Logistics

Canadian Pacific’s 4Q Profit Grows 3%

Canadian freight railroad Canadian Pacific’s fourth-quarter net income grew 3% to C$194.1 million, or C$1.15, from C$188.1 million, or C$1.21, a year earlier, Reuters reported.

January 28, 2010
Government, Business, Logistics

Kansas City Southern’s 4Q Profit Falls

Kansas City Southern said Thursday it earned $32 million, 33 cents a share, in its fourth quarter, compared with $36.4 million, or 40 cents, the previous year.

January 28, 2010
Business, Logistics

Norfolk Southern’s 4Q Profit Drops 32%

Norfolk Southern Corp. reported that its fourth-quarter profit fell 32% from a year ago.

January 27, 2010
Business, Logistics

CN Reports Higher 4Q Profit

Canadian National Railway Co. said its fourth-quarter net income rose to C$582 million, or $1.23 per share, from C$573 million or C$1.21 per share a year earlier.

January 26, 2010
Business, Logistics, Fuel, Government

Diesel Falls 3.7¢ to $2.833 in Second Straight Decline

Diesel’s national average price fell 3.7 cents to $2.833 a gallon, the biggest single-week decline since July, the Department of Energy said Monday.

January 26, 2010
Business, Logistics

Existing Home Sales Fall in December, Rise for Year

Existing homes sales 17% in December but rose last year for the fist time in four years, the National Association of Realtors said Monday.

January 25, 2010
Fuel, Business, Logistics, Government

Gas Price Slips 1.4¢ to $2.72 a Gallon

Gasoline’s national average price fell 1.4 cents over the past two weeks to an average $2.72 a gallon, according to the latest Lundberg Survey of fuel prices released Sunday.

January 25, 2010
Business, Logistics, Fuel, Government

Diesel Declines 0.9¢ to $2.87; Gasoline Average Also Drops

The national diesel average declined 0.9 cent to $2.87 last week as pump prices moderated after a sharp spike the prior three weeks, the Department of Energy reported.

January 25, 2010
Business, Government, Logistics

England Logistics Opens China Offices

England Logistics said that it has given approval to operate in China and has opened offices in five cities.

January 22, 2010
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