Logistics
Business, Technology, Equipment, Safety, Logistics

Descartes Buys Oceanwide’s Logistics Business

Descartes Systems Group said Thursday it acquired the logistics business of privately held Oceanwide Inc., in an all-cash transaction of about C$10.4 million ($8.4 million).

Transport Topics
February 6, 2009
Business, Logistics

Kansas City Southern’s 4Q Income Declines

Kansas City Southern said its fourth-quarter profit fell 27% to $36.4 million, or 40 cents a share, from $49.9 million, or 56 cents, a year ago.

Transport Topics
February 4, 2009
Fuel, Business, Logistics, Government

Diesel Drops 2.2¢ to $2.246

Tom Biery/Trans Pixs

Diesel fuel’s national average price fell 2.2 cents to $2.246 a gallon, the lowest in more than three and a half years, the Department of Energy said Monday.

Transport Topics
February 3, 2009
Business, Logistics

Carrier Logistics Offers Fleets Web-Based Software Product

Carrier Logistics Inc., a software provider focused on less-than-truckload carriers and logistics companies, said that it rolled out a Web-based, pay-as-you-go version of its FACTS freight management software.

Transport Topics
February 3, 2009
Business, Logistics

Vitran Opens Southern Calif. 3PL Facility

Vitran Logistics has opened a distribution center in Ontario, Calif., in order to serve Sam’s Club, the company said.

Transport Topics
February 2, 2009
Government, Business, Logistics

Chicago Manufacturing Index Declines

Manufacturing activity in the Chicago region contracted in January for a fourth straight month, the National Association of Purchasing Management said Wednesday.

Transport Topics
January 30, 2009
Government, Business, Logistics

Norfolk Southern’s 4Q Profit Improves

Tom Biery/Trans Pixs

Norfolk Southern Corp. said its fourth-quarter profit rose 13% on higher shipping costs, though its intermodal business declined.

Transport Topics
January 28, 2009
Business, Safety, Government, Logistics

C.H. Robinson’s 4Q Income Rises

Transportation and third-party logistics firm C.H. Robinson Worldwide said its fourth-quarter profit rose to $88.9 million, or 52 cents a share, from $85.3 million, or 49 cents, a year ago.

Transport Topics
January 27, 2009
Fuel, Business, Logistics, Government

Diesel Drops 2.8¢ to $2.268

Tom Biery/Trans Pixs

Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.

Transport Topics
January 27, 2009
Business, Government, Logistics

Canadian Railroads’ 4Q Earnings Decline

Canada’s two major freight railroads reported lower fourth-quarter earnings on lower freight demand.

Transport Topics
January 27, 2009

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