Kansas City Southern’s 3Q Income Rises
Kansas City Southern’s third-quarter net income rose to $119 million, or $1.07 a share, from $91 million, or 82 cents, a year ago.
October 18, 2013Union Pacific’s Third-Quarter Profit Rises 10%
Union Pacific Corp. said Oct. 17 its third-quarter profit rose 10% despite lower coal and grain carloads in the quarter.
October 17, 2013CSX Reports Higher Third-Quarter Profit
CSX Corp.’s third-quarter earnings rose to $463 million, or 46 cents a share, from $455 million, or 44 cents, a year ago.
October 15, 2013Consumer Confidence Falls to Nine-Month Low
Consumer confidence fell to a nine-month low this month, according to the Thomson Reuters/University of Michigan consumer sentiment index.
October 11, 2013Intermodal Rail Traffic Rises for 14th Consecutive Week
Intermodal rail volume for the week ended Oct. 5 rose 6.2%, from the same period last year, the 14th consecutive rise, the Association of American Railroads reported.
October 11, 2013Expeditors CEO Peter Rose to Retire in March
Peter Rose, CEO of Expeditors International of Washington Inc., will retire in March after 35 years with the company, he announced in an Oct. 8 statement.
October 8, 2013Echo Global Promotes Executives
Echo Global Logistics Inc. has reshuffled its management team with three internal executive promotions, the Chicago-based company announced.
October 8, 2013Gasoline Price Falls 13.8 Cents, Lundberg Survey Says
Gasoline’s national average price decreased 13.8 cents in the past two weeks to $3.383 a gallon, according to the latest Lundberg Survey of filling stations.
October 7, 2013Shippers Support Higher Truck Weights, More Rail Competition at House Hearing
Heavier allowable truck weights and greater competition in the railroad industry would improve freight operations and make U.S. manufacturers more competitive globally, representatives of large shippers told a congressional panel last week.
October 7, 2013Intermodal Rail Traffic Rises 4.4% in Sept.
Intermodal rail volume rose 4.4% in September from the same month a year ago, the Association of American Railroads reported Oct. 3.
October 4, 2013