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.
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, 2008Canadian 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, 2008Diesel 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, 2008Gasoline 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, 2008Fuel 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, 2008Existing 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, 2008Union 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, 2008Norfolk Southern’s 3Q Profit Jumps 35%
Norfolk Southern Corp.’s third-quarter profit jumped 35%, the railroad said late Tuesday.
October 22, 2008C.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, 2008CN'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