Union 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, 2007CSX to Open Shipment Info to States for Security Reasons
Diesel Rises 4¢ to $2.889; Gas Jumps 6.8¢ to $3.049
Diesel fuel’s national average price jumped 4 cents in the past week to $2.889 a gallon, the highest price since September, the Department of Energy said Monday.
July 17, 2007KAG Joins Alliance to Streamline Ethanol Market
KAG Ethanol Logistics said it has joined LB Transport and Iowa Northern Railway Co. in an investment alliance with Manly Terminal to streamline the U.S. ethanol marketing and distribution process.
July 16, 2007Diesel Rises 2¢ to $2.849
The national average price of retail diesel and gasoline both increased last week, the Department of Energy reported, at the same time it was projecting the fuels will continue to climb for the remainder of the summer.
July 16, 2007BAX Sets U.S.-Canada Service
Airfreight company BAX Global and sister company Schenker, a logistics firm, said they are offering a new overnight ground service between the United States and Canada.
July 13, 2007