Mullen’s First-Quarter Income Drops
Canadian transportation firm Mullen Group Income Fund said its first-quarter profit dropped 37.8% to C$31 million or 38 cents per unit, from C$49.8 million, or 62 cents per unit, a year ago.
April 29, 2009McLeod Acquires Logistics Software Firm
McLeod Software said Wednesday that it had purchased Intergrated Logistics Execution Network Systems, or iLENS, a logistics software company.
April 29, 2009Diesel Drops 2¢ to $2.201
The national average price of diesel fuel fell for a second straight week, dropping 2 cents to $2.201 a gallon, the Department of Energy said Monday.
April 28, 2009Gasoline Dips to $2.05, Lundberg Survey Reports
The national average price of regular gasoline fell by less than a penny over the past two weeks to $2.05 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
April 27, 2009Shippers Oppose Petition By Union Pacific Seeking STB Permission to Decline Hazmat
Union Pacific Corp.’s petition seeking Surface Transportation Board permission to limit the railroad’s common carrier freight-hauling responsibilities has elicited a common response from nearly all other interested parties: Absolutely not.
April 27, 2009Union Pacific’s 1Q Profit Falls 18%
Union Pacific Corp.’s first-quarter profit fell 18% to $362 million, or 72 cents per share, from $443 million, or 85 cents, a year ago.
April 23, 2009Existing Home Sales Fall 3%
Existing homes sales fell 3% in March, the National Association of Realtors said Thursday.
April 23, 2009Canadian Pacific Reports Lower 1Q Income
Canadian freight railroad Canadian Pacific’s first-quarter net income fell 31.1% to C$62.5 million, or 39 cents a share, from C$90.7 million, or 59 cents a share a year earlier.
April 23, 2009Norfolk Southern’s 1Q Profit Drops 39%
Norfolk Southern Corp. said its first-quarter profit fell 39% from a year ago on lower shipping demand.
April 22, 2009C.H. Robinson Reports Flat 1Q Income
Transportation and third-party logistics firm C.H. Robinson Worldwide’s first-quarter profit dipped slightly to $85.4 million, or 50 cents a share, from $86.3 million, or 50 cents, a year ago.
April 21, 2009