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.
Diesel Price Average Falls 5.6¢ to $3.27
The U.S. national average retail diesel fuel price fell 5.6 cents a gallon last week to $3.27, while gasoline dipped 5.1 cents to $3.017, the Department of Energy said.
January 28, 2008Diesel Drops 2.8¢ to $2.268
<?xml:namespace prefix = o />Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.
January 26, 20082007 Home Sales Fall to Lowest Level Since 1982
Existing homes sales fell 2.2% in December, capping the biggest annual slump since 1982, the National Association of Realtors said Thursday.
January 24, 2008Union Pacific Reports Higher 4Q Profit
Union Pacific Corp., the largest U.S. freight railroad by revenue, said Thursday its fourth-quarter net income rose to $491 million, or $1.86 per share, from $485 million, or $1.78, a year earlier.
January 24, 2008CN’s Fourth-Quarter Profit Rises
Canadian National Railway Co. said its fourth-quarter net income rose C$833 million or C$1.68 per share, from C$499 million or 95 cents per share a year earlier.
January 23, 2008Norfolk Southern’s 4Q Profit Improves
Eastern freight rail line Norfolk Southern Corp.’s fourth-quarter profit rose 3.6% and the railroad increased its dividend, the company said late Tuesday.
January 23, 2008Diesel Drops 5.6¢ to $3.27
The average national price of diesel fuel fell for a second straight week, dropping 5.6 cents to $3.27 a gallon, the Department of Energy said Tuesday.
January 22, 2008Descartes Acquires Fluensee’s MobiTrac
Canadian Logistics software provider Descartes Systems Group said it has acquired Fluensee Inc.’s MobiTrac fleet management business.
January 22, 2008CSX Reports 4Q Profit Gain
Eastern freight rail line CSX Corp. said Tuesday its fourth-quarter earnings rose more than 5% from a year earlier, to $365 million or 86 cents a share, from $347 million or 75 cents a year earlier.
January 22, 2008Panel Urges Infrastructure Overhaul
WASHINGTON — In a controversial report calling for huge new spending on the national transportation system, a congressional commission last week made several recommendations that would affect trucking, including new flexibility in the federal driver hours-of-service rule in congestion-prone areas.
January 21, 2008