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Logistics News
Business, Safety, Government, Logistics

Oberstar Criticizes NTSB on I-35W Bridge

Rep. James Oberstar (D-Minn.), chairman of the House Transportation and Infrastructure Committee, last week criticized the chairman of the National Transportation Safety Board for suggesting a design flaw was a key factor in the Interstate 35W bridge collapse in Minneapolis.

January 29, 2008
Fuel, Business, Logistics, Government

Diesel Dips 1.1¢ to $3.259

The average national price of diesel fuel fell for a third straight week, dropping 1.1 cents to $3.259 a gallon, the Department of Energy said Monday.

January 29, 2008
Business, Logistics

Canadian Pacific’s Fourth-Quarter Income Gains

Canadian Pacific Railway Ltd. said Tuesday its fourth-quarter net income rose to C$342.3 million, or C$2.21 per share, compared with C95 cents, in the previous fourth quarter.

January 29, 2008
Business, Logistics, Equipment

Truck Stops a Growing Sales Channel for Tire Makers

As truck stops become more consolidated into a few large national networks, tire manufacturers are finding that they can provide fleets with a full range of tire services — not simply emergency repairs and replacements — while trucks are on the road.

January 28, 2008
Fuel, Business, Logistics, Government

Diesel Price Average Falls 5.6¢ to $3.27

The U.S. national average retail diesel fuel price fell 5.6 cents a gallon last week to $3.27, while gasoline dipped 5.1 cents to $3.017, the Department of Energy said.

January 28, 2008
Fuel, Business, Logistics, Government

Diesel Drops 2.8¢ to $2.268

<?xml:namespace prefix = o />Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.

January 26, 2008
Business, Logistics

2007 Home Sales Fall to Lowest Level Since 1982

Existing homes sales fell 2.2% in December, capping the biggest annual slump since 1982, the National Association of Realtors said Thursday.

January 24, 2008
Business, Logistics

Union Pacific Reports Higher 4Q Profit

Union Pacific Corp., the largest U.S. freight railroad by revenue, said Thursday its fourth-quarter net income rose to $491 million, or $1.86 per share, from $485 million, or $1.78, a year earlier.

January 24, 2008
Business, Logistics

CN’s Fourth-Quarter Profit Rises

Canadian National Railway Co. said its fourth-quarter net income rose C$833 million or C$1.68 per share, from C$499 million or 95 cents per share a year earlier.

January 23, 2008
Business, Logistics

Norfolk Southern’s 4Q Profit Improves

Eastern freight rail line Norfolk Southern Corp.’s fourth-quarter profit rose 3.6% and the railroad increased its dividend, the company said late Tuesday.

January 23, 2008
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