Logistics
Business, Logistics

Expeditors’ 1Q Profit Drops 11%

Logistics firm Expeditors International of Washington’s first-quarter net income fell 11% to $59.3 million, or 27 cents a share, from $66.5 million, or 30 cents, a year ago.

Transport Topics
May 7, 2009
Government, Business, Logistics

UPS Boosting Asian Operations Centers

UPS Inc. announced plans Tuesday to boost its global post-sales service options by expanding a field stocking location network in India and enhancing its Asia logistics customer support center in the Philippines.

Transport Topics
May 5, 2009
Fuel, Business, Logistics, Government

Diesel Falls 1.6¢ to $2.185

Tom Biery/Trans Pixs

The national average price of diesel fuel fell for a third consecutive week, dropping 1.6 cents to $2.185, the Department of Energy said.

Transport Topics
May 5, 2009
Business, Logistics

Wabash Makes 790 Layoffs Permanent

Wabash National Corp. has told the 790 workers it laid off in January that it does not expect to call them back, the Associated Press reported Saturday.

Transport Topics
May 4, 2009
Business, Logistics

Kansas City Southern Reports 1Q Loss

Kansas City Southern said Thursday it lost $7.5 million, 8 cents a share, in its first quarter, compared with a profit of $32.9 million, or 39 cents, a year ago.

Transport Topics
April 30, 2009
Business, Safety, Government, Logistics

Mullen’s First-Quarter Income Drops

Canadian transportation firm Mullen Group Income Fund said its first-quarter profit dropped 37.8% to C$31 million or 38 cents per unit, from C$49.8 million, or 62 cents per unit, a year ago.

Transport Topics
April 29, 2009
Business, Technology, Equipment, Safety, Logistics

McLeod Acquires Logistics Software Firm

McLeod Software said Wednesday that it had purchased Intergrated Logistics Execution Network Systems, or iLENS, a logistics software company.

Transport Topics
April 29, 2009
Fuel, Business, Logistics, Government

Diesel Drops 2¢ to $2.201

Tom Biery/Trans Pixs

The national average price of diesel fuel fell for a second straight week, dropping 2 cents to $2.201 a gallon, the Department of Energy said Monday.

Transport Topics
April 28, 2009
Business, Logistics, Government

Gasoline Dips to $2.05, Lundberg Survey Reports

Larry Smith/Trans Pixs

The national average price of regular gasoline fell by less than a penny over the past two weeks to $2.05 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

Transport Topics
April 27, 2009
Business, Safety, Government, Logistics

Shippers Oppose Petition By Union Pacific Seeking STB Permission to Decline Hazmat

Union Pacific Corp.’s petition seeking Surface Transportation Board permission to limit the railroad’s common carrier freight-hauling responsibilities has elicited a common response from nearly all other interested parties: Absolutely not.

April 27, 2009

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