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Logistics News
Business, Logistics

Home Sales Fall to Lowest Level on Record

Existing homes sales fell in September to the lowest level since record keeping began in 1999, the National Association of Realtors said Wednesday.

October 24, 2007
Government, Business, Logistics

SoCal Fires Close Part of Interstate 5

Interstate 5 in Southern California is closed in both directions near Camp Pendleton, as firefighters continue to battle ongoing blazes burning close to the freeway, the Associated Press reported.

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

Ryder’s Third-Quarter Earnings Improve

Trucking and logistics firm Ryder System said Wednesday its third-quarter profit rose, as its supply chain unit showed improvement.

October 24, 2007
Business, Safety, Government, Logistics

TransForce Reports Lower Third-Quarter Earnings

Canadian transportation firm TransForce Income Fund said Wednesday its third-quarter earnings declined, due in part to a slowdown in truck volumes.

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

Ryder’s Third-Quarter Earnings Improve

Trucking and logistics firm Ryder System said Wednesday its third-quarter profit rose, as its supply chain unit showed improvement.

October 24, 2007
Business, Logistics

Norfolk Southern’s 3Q Earnings Decline

Eastern freight railroad Norfolk Southern Corp. said Wednesday its third-quarter earnings fell 7% to $386 million or 97 cents a share, from $416 million or $1.02 a year ago.

October 24, 2007
Business, Government, Logistics

Hub Group Reports Higher 3Q Profit

Third-party logistics company and freight broker Hub Group’s third-quarter profit rose 23%, despite a drop in revenue and intermodal volume.

October 23, 2007
Business, Technology, Equipment, Safety, Logistics

General Freight to Use TMWSuite

Third-party logistics firm General Freight Systems said it will begin using the TMWSuite software platform as part of a companywide technology upgrade.

October 22, 2007
Fuel, Business, Logistics, Government

Crude Oil Nears $90 a Barrel; Diesel Fuel Inches Up to $3.039

The national average retail price of diesel fuel rose 0.4 cent to $3.039 a gallon last week, the Department of Energy reported, and analysts were predicting additional increases as crude oil prices neared an un-precedented $90 a barrel.

October 21, 2007
Business, Safety, Government, Logistics

China Trucking Panel Set for MCE

Opportunities in trucking and logistics in China’s burgeoning economy will be the subject of a panel discussion at American Trucking Associations’ annual meeting in Orlando, Fla., next week.

October 19, 2007
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