Logistics

About Logistics News...

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.
 

Business, Safety, Government, Logistics

Pacer’s 3Q Income Rises 52%

Transportation and third-party logistics firm Pacer International’s third-quarter profit rose 52% to $20.4 million, or 59 cents a share, from $13.4 million, or 38 cents, a year ago.

October 29, 2008
Business, Logistics

Canadian Pacific’s 3Q Income Slips

Canadian Pacific Railway’s third-quarter net income fell to C$173 million, or C$1.11 a share, from C$219 million, or C$1.41, a year ago.

October 28, 2008
Business, Logistics, Fuel, Government

Diesel Tumbles 19.4¢ to $3.288; Gas Plunges 25.8¢ to $2.656

Diesel’s national average pump price fell for the 14th time in 15 weeks, declining 19.4 cents to $3.288 a gallon, its lowest price since February, the Department of Energy said Monday.

October 28, 2008
Business, Logistics, Government

Gasoline Plunges 53¢ in Two Weeks, to $2.78 a Gallon, Lundberg Says

The national average price of regular gasoline plunged 53 in the two weeks ended Friday to $2.78 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

October 27, 2008
Government, Business, Fuel, Logistics

Fuel Prices Continue Slide

The national average price of diesel fuel fell another 17.7 cents to $3.482 a gallon last week, the lowest level since mid-February, the Department of Energy reported.

October 27, 2008
Business, Logistics

Existing Home Sales Rise 5.5%

Existing homes sales jumped 5.5% in September to the highest level in a year, the National Association of Realtors said Friday.

October 24, 2008
Business, Logistics

Union Pacific’s 3Q Profit Jumps 32%

Union Pacific Corp. said Thursday its third-quarter profit rose 32% to $703 million, or $1.38 per share, from $532 million, or $1.00 per share, last year.

October 23, 2008
Business, Logistics

Norfolk Southern’s 3Q Profit Jumps 35%

Norfolk Southern Corp.’s third-quarter profit jumped 35%, the railroad said late Tuesday.

October 22, 2008
Business, Safety, Government, Logistics

C.H. Robinson Reports Higher 3Q Income

Transportation and third-party logistics firm C.H. Robinson Worldwide said its third-quarter profit rose to $93.6 million, or 54 cents a share, from $83.7 million, or 48 cents, a year ago.

October 21, 2008
Government, Business, Logistics

CN's Quarterly Profit Improves

Canadian National Railway, Canada’s largest railroad, said its net income rose 14% to C$552 million in the third quarter, or C$1.16 a share, from C$485 million, or 96 cents, a year ago.

October 21, 2008