Hub Group’s 1Q Profit Improves
Third-party logistics company and freight broker Hub Group’s first-quarter profit rose to $13.1 million, or 35 cents per share, from $11.5 million, or 29 cents, a year earlier.
April 25, 2008Union Pacific’s 1Q Profit Rises
Union Pacific Corp. said Thursday its first-quarter profit rose 15% as revenue rose in each of its six business units.
April 24, 2008Norfolk Southern’s 1Q Income Rises
Eastern freight railroad Norfolk Southern Corp. said its first-quarter profit rose 2%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.
April 22, 2008C.H. Robinson’s First-Quarter Income Improves
Transportation and logistics firm C.H. Robinson Worldwide’s first-quarter profit rose to $86.3 million, or 50 cents a share, from $73 million, or 42 cents, a year ago.
April 22, 2008Diesel Continues to Soar, Jumping 8.4¢ to $4.143
The national average price of diesel fuel continued to shatter records Monday, jumping 8.4 cents to $4.143 a gallon, the Department of Energy said.
April 22, 2008CP’s First-Quarter Income Dips
Canadian Pacific Railway’s first-quarter net income fell 29% from a year ago to C$91 million, or 59 cents a share, from C$129 million, or 82 cents, a year ago.
April 22, 2008Existing Home Sales Fall 2% in March
Existing homes sales fell 2% in March, the National Association of Realtors said Tuesday.
April 22, 2008Diesel Average Tops $4 for First Time
Retail diesel surged 10.4 cents to $4.059 a gallon, the first time the national average price has crossed above $4, the Department of Energy reported. Also last week, both the U.S. gasoline average and crude oil prices set new records.
April 21, 2008Canadian Factory Shipments Improve
Canadian factory shipments rose twice as quickly as anticipated in February on a jump in automobile production after shutdowns late last year, Bloomberg reported Wednesday.
April 16, 2008CSX Reports Higher 1Q Profit
Eastern freight railroad CSX Corp. said its first-quarter profit rose to $315 million, or 85 cents a share, from $240 million, or 52 cents, in the previous first quarter.
April 16, 2008