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.
Contrans’ Fourth-Quarter Income Rises
Canadian firm Contrans Income Fund reported it earned C$7.8 million or 34 cents a unit, compared with C$6.3 million or 33 cents a year earlier.
March 6, 2007Clarke Reports Higher Fourth-Quarter Profit
Canadian holding company Clarke Inc. on Monday reported fourth-quarter net income of C$4.4 million or 28 cents a share, up from C$3.2 million or 23 cents a year earlier.
March 5, 2007More Fleets Enter China Offering Trucking, Logistics
Schneider National Inc., which recently received a license to operate as a domestic carrier in China, is at the leading edge of a growing Asian investment wave by U.S. fleets, joining both truckload and less-than-truckload companies that have partnerships or logistics operations there.
Unions Reach Tentative Five-Year Pact With Freight Railroads
A coalition of seven rail labor unions said late Wednesday it has reached a tentative agreement on a national contract with U.S. freight rail lines.
March 1, 2007EGL’s Fourth-Quarter Income Falls
Transportation and logistics firm EGL Inc. said its fourth-quarter income fell to $10.9 million or 27 cents a share, from $19.1 million or 47 cents in the previous fourth quarter.
February 28, 2007February Chicago Manufacturing Index Falls
A gauge of Chicago manufacturing activity fell in February, the National Association of Purchasing Management-Chicago said Wednesday.
February 28, 2007Letter to the Editor: Speed Limiters
On Oct. 20, American Trucking Associations, in conjunction with “Road Safe America,” a group of nine trucking companies, submitted a petition to the National Highway Traffic Safety Administration and the Federal Motor Carrier Safety Administration.
February 28, 2007Diesel Price Jumps 6 Cents to $2.551 in Fourth Straight Gain
Retail diesel fuel’s national average price rose for a fourth straight week, jumping 6 cents to $2.551 a gallon, the Department of Energy said Monday.
February 27, 2007January Existing Home Sales Rise 3%
Existing home sales rose 3% in January, the National Association of Realtors said Tuesday.
February 27, 2007Rail Freight Slowing in First Quarter, Analyst Says
Union Pacific Railroad has laid off 124 people and cut back hours for 455 more because of lower freight demand, the Associated Press reported, and a market analysis firm Monday lowered its market outlook for the rail sector.
February 26, 2007