Logistics
Business, Safety, Government, Logistics

Mullen Group's Profits Sink in Second Quarter

Canadian transportation firm Mullen Group Income Fund said its second-quarter profit plunged 57.3% to C$16.6 million or 21 cents a share, from C$38.9 million or 64 cents a year earlier.

Transport Topics
August 8, 2007
Government, Business, Safety, Logistics

Pacer's Earnings Decline in 2Q

Transportation and third-party logistics firm Pacer International on Wednesday said its second-quarter net income fell 13.8% to $12.5 million or 34 cents a share, from $14.5 million or 38 cents a year ago.

Transport Topics
August 8, 2007
Business, Safety, Technology, Government, Logistics

CSX Transportation, Kentucky to Cooperate on Rail Security

Freight railroad CSX Transportation said it has entered into an agreement with the state of Kentucky under which state law enforcement officials will be able to track the location of CSX trains and monitor the contents of the carrier’s railcars.

Transport Topics
August 8, 2007
Business, Logistics

Expeditors’ 2Q Profit Rises

Logistics firm Expeditors International of Washington’s second-quarter profit rose 16% to $65.5 million or 30 cents a share, from $56.3 million or 25 cents a year ago.

Transport Topics
August 7, 2007
Business, Logistics

Expeditors’ 2Q Profit Rises

Logistics firm Expeditors International of Washington’s second-quarter profit rose 16% to $65.5 million or 30 cents a share, from $56.3 million or 25 cents a year ago.

Transport Topics
August 7, 2007
Fuel, Business, Logistics, Government

Diesel Rises 1.2 Cents to $2.898 a Gallon

Bruce Harmon/Trans Pixs

The national average price of diesel fuel rose to its highest level this year, climbing 1.2 cents to $2.898 a gallon, the Department of Energy reported Monday.

Transport Topics
August 7, 2007
Business, Logistics

Pattullo Joins Ceva as CEO

Ceva Logistics, which last Thursday completed its acquisition of Houston-based EGL Inc., said John Pattullo has joined the company as its new chief executive officer.

Transport Topics
August 6, 2007
Business, Safety, Government, Logistics

Penske to Manage European Supply Chain for Bombardier

Penske Logistics has been selected as the lead logistics provider for Bombardier Transportation’s European operations, the company said Monday.

Transport Topics
August 6, 2007
Business, Safety, Government, Logistics

TransForce to Purchase Canadian Courier

Canadian transportation firm TransForce Income Fund said Thursday it will purchase Century II Holdings, the parent company of Toronto-based ICS Courier.

Transport Topics
August 3, 2007
Business, Logistics

EGL Shareholders Approve Buyout

EGL Inc.

EGL Inc. said late Tuesday that its shareholders approved the company’s proposed $2 billion buyout by Ceva Group, and the deal is expected to close on Thursday.

Transport Topics
August 1, 2007

Pages