Logistics
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Existing Home Sales fall 3.8%
Existing homes sales fell in June for a fourth straight month, declining 3.8%, the National Association of Realtors said Wednesday.
July 25, 2007CN’s Second-Quarter Income Declines
Canadian National Railway Co. said its second-quarter profit declined 29% as a result of flat revenue and an income tax recovery charge.
July 24, 2007Diesel Holds at $2.889; Gas Drops 9.1¢ to $2.958
Diesel fuel’s national average pump price held at last week’s level of $2.889 a gallon, while gasoline plunged 9.1 cents to $2.958, the Department of Energy said Monday.
July 24, 2007Pittsburgh Logistics Launches Truckload Van Service
Pittsburgh Logistics Systems said Monday that its freight division has begun to offer truckload van service for general commodities, in addition to its flatbed service.
July 23, 2007Union Pacific’s 2Q Earnings Jump
Freight railroad Union Pacific Corp.’s second-quarter earnings jumped 14% to $446 million or $1.65 a share, from $390 million or $1.44 a year ago.
July 19, 2007CSX’s Second-Quarter Earnings Dip
Eastern freight rail line CSX Corp.’s second-quarter earnings fell almost 17% from a year earlier, the railroad said.
July 18, 2007Railroads, Unions Reach Tentative Pact
Major U.S. freight railroads reached tentative agreements Tuesday with five rail labor unions representing about 30,000 unionized employees, the National Carriers' Conference Committee said.
July 18, 2007Trucking Groups Back Tax Breaks for Onboard Power Units
American Trucking Associations and the Canadian Trucking Alliance Tuesday urged state and provincial governments to revise their fuel tax systems to encourage truckers to use truck idling reduction technology.
July 17, 2007CSX to Open Shipment Info to States for Security Reasons
Eastern freight railroad CSX Corp. will open its computer system to counterterrorism agencies in three states to help track hazardous cargo, Bloomberg reported.
July 17, 2007