Saddle Creek Acquires ServiceCraft
Third-party logistics firm Saddle Creek Corp. said it acquired logistics firm ServiceCraft Logistics, Buena Park, Calif.
December 4, 2009Five-Day Teamsters Strike at CN Ends
A five-day strike by the Teamsters Canada Rail Conference against Canadian National Railway ended Wednesday as negotiations resumed between the parties.
December 3, 2009Dynamex Reports Lower 1Q Income
Logistics and delivery firm Dynamex Inc.’s fiscal first-quarter profit fell slightly to $3.03 million, or 31 cents a share, from $3.05 million, or 30 cents, a year ago.
December 2, 2009Canadian National Engineers Strike
Canada-based locomotive engineers for Canadian National Railway Co. started a strike Saturday, and the government has proposed legislation to stop the strike, Bloomberg reported.
November 30, 2009Diesel Drops 1.2¢ to $2.775 in Fourth Straight Decline
Diesel fuel’s national average fell for the fourth straight week, declining 1.2 cents to $2.775 a gallon, the Department of Energy reported.
November 30, 2009YRC Sells Contract Carriage Business to Greatwide Logistics
YRC Worldwide said it has sold its dedicated contract carriage business to Greatwide Logistics Services for $34 million.
November 25, 2009Apollo Considers Going Public on NYSE
Apollo Management, the buyout firm that created Pacer International, Quality Distribution and CEVA Logistics, may soon go public, according to a report in the Financial Times newspaper, Bloomberg reported.
November 25, 2009Diesel Dips 0.3¢ to $2.787 in Third Straight Decline
Diesel’s national average price fell for a third straight week, declining 0.3 cent to $2.787 a gallon, the Department of Energy said Monday.
November 23, 2009Existing Home Sales Jump 10.1%
Existing homes sales jumped in October to the highest level since February 2007, the National Association of Realtors said Monday.
November 23, 2009Gasoline Price Drops 3.6¢ to $2.65 a Gallon
The national average price of regular gasoline fell 3.64 cents in the two weeks ended Friday, $2.65 a gallon, according to the latest Lundberg Survey of fuel prices.
November 23, 2009