Canadian Railroads’ 4Q Earnings Decline
Canada’s two major freight railroads reported lower fourth-quarter earnings on lower freight demand.
January 27, 2009Existing Home Sales Rise in November
Existing homes sales increased 6.5% in November, while the median price of a home fell 15% from the same month last year, the biggest drop on record, the National Association of Realtors said Monday.
January 26, 2009Gas Gains 8¢ in Two Weeks to $1.86, Lundberg Says
Gasoline’s national average price rose 8 cents over the two weeks ended Friday to $1.86 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
January 26, 2009Union Pacific’s 4Q Profit Jumps 35%
Union Pacific Corp. said Thursday its fourth-quarter profit rose 35% to $661 million, or $1.31 per share, from $491 million, or 93 cents per share, last year.
January 22, 2009CSX’s Fourth-Quarter Income Slips
CSX Corp. said its fourth-quarter profit fell from a year ago, largely due to a non-transportation-related writedown.
January 21, 2009Gasoline Rises After Five Months of Decline, Lundberg Says
The national average price of regular gasoline increased for the first time since early July, rising 11.7 cents to $1.779 a gallon during the two weeks ended Friday, according to the latest Lundberg Survey of filling stations released Sunday.
January 12, 2009Group Calls for Ban on Cell Phone Use While Driving
A national safety group is advocating for laws completely banning cell phone use while driving, the Associated Press reported.
January 12, 2009Panel Urges Fuel Tax Hikes
WASHINGTON — A national commission studying transportation infrastructure funding is set to recommend that Congress raise fuel taxes now but eventually replace them with levies based on miles traveled.
January 12, 2009Diesel’s Decline Slows, Falling 3.9¢ to $2.327 a Gallon
Diesel fuel’s national average price fell 3.9 cents to $2.327 a gallon, the Department of Energy reported Monday.
December 30, 2008Year in Review: California Takes Steps to Curb Emissions
Southern California port officials and state environmental regulators continued pressing their campaign to reduce heavy-truck diesel emissions, approving several controversial measures during 2008 that some truckers said will lead to severe economic hardships.
December 29, 2008