US 1 Reports Flat Fourth-Quarter Income
Logistics firm US 1 Industries said its fourth-quarter net income was flat at $582,000, or 4 cents a share, compared with $579,000, or 4 cents, a year earlier.
April 15, 2009CSX 1Q Profit Falls 27%
Eastern freight railroad CSX Corp. said its per-share profit fell 27% in the first quarter.
April 15, 2009SoCal Ports Facing West Coast Competition
The Southern California Ports of Los Angeles and Long Beach are losing business to other West Coast ports, even as the Port of Long Beach approved a $750 million expansion, news services reported.
April 14, 2009Dupre Logistics Purchases Logistics Plus
Dupre Logistics said it has purchased Logistics Plus to offer more services to the beverage industry.
April 14, 2009Economic Doldrums Affect Two IT Meeting Schedules
The The Information Technology & Logistics Council, citing economic conditions, postponed until midsummer its annual conference, originally scheduled for March 22-25.
April 13, 2009Gasoline Gains 9.6¢ to $2.048 a Gallon
Gasoline’s national average price rose nearly a dime in the three weeks ended Friday to $2.048 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
April 13, 2009Wabash National Explores Possible Sale
Trailer maker Wabash National Corp. said it is exploring strategic alternatives — including divestitures, changes to its capital structure and a merger or a sale — following a default under a revolving credit agreement.
April 13, 2009National Diesel Price Increase Moderates
The U.S. diesel average inched up last week 0.7 cent a gallon to $2.228, following two weeks of major increases, while the gasoline price dipped, the Department of Energy reported.
April 13, 2009Mendez Picked to Run FHWA; Hurley Nominated for NHTSA
President Obama last week nominated Victor Mendez, former head of the Arizona Department of Transportation, to lead the Federal Highway Administration and Charles Hurley, a longtime safety advocate, to run the National Highway Traffic Safety Administration.
April 13, 2009Obama Names Chuck Hurley to Head NHTSA
President Obama has named Chuck Hurley, the head of Mothers Against Drunk Driving, to lead the National Highway Traffic Safety Administration, the White House said on its Web site.
April 9, 2009