Dan Ronan
Dan Ronan is the Associate News Editor Print and Multimedia for Transport Topics, the leading online and print publication covering the trucking, freight and logistics industry.
Dan Ronan
Business
A Union Pacific train. (Oregon Department of Transportation)
Union Pacific Posts Lower Net Income, Revenue in Q3
A Union Pacific train. (Oregon Department of Transportation)
Union Pacific Corp. is the latest Class I railroad to report lower third-quarter earnings when measured against 2019, with company officials saying Oct. 22 the COVID-19 pandemic is responsible for the drop in net income and revenue.
October 22, 2020
Business, Logistics
Revenue for CSX in Q3 dropped 11% to $2.64 billion compared with $2.97 billion in Q3 of 2019. (Gene J. Puskar/Associated Press)
CSX Reports Lower Q3 Net Income, Revenue
Revenue for CSX in Q3 dropped 11% to $2.64 billion compared with $2.97 billion in Q3 of 2019. (Gene J. Puskar/Associated Press)
CSX Corp. reported a slip in third-quarter financial results due to the impact of the coronavirus pandemic on shipments.
October 22, 2020
Government, Business, Logistics
Shipping containers sit stacked at the Port of Oakland on March 19. (David Paul Morris/Bloomberg)
Ports Report Strong September as Retailers Restock
Shipping containers sit stacked at the Port of Oakland on March 19. (David Paul Morris/Bloomberg)
Just months after cargo volumes plunged amid the COVID-19 pandemic, the nation’s ports are staging a comeback as falling product inventory levels at warehouses, stores and medical facilities are being quickly replenished.
October 22, 2020
Business, Logistics, Top 50
Canadian National Railway
Canadian National Reports Q3 Drop in Earnings, Revenue
Canadian National Railway
For the second consecutive quarter, Canadian National Railway felt the impact of the COVID-19 pandemic when the Class I, Montreal-based railroad announced third-quarter earnings Oct. 20.
October 21, 2020
Business, Logistics, Breaking News
John Sommers II for Transport Topics
September Tonnage Down Year-Over-Year, but Rebounds After August Decline
John Sommers II for Transport Topics
Truck tonnage in September declined a seasonally adjusted 2.7% when compared with year-ago levels, marking the sixth consecutive month of year-over-year declines, American Trucking Associations said Oct. 20.
October 20, 2020
Government, Business, Fuel
Daniel Acker/Bloomberg News
Average Diesel Price Declines for Sixth Time in Seven Weeks
Daniel Acker/Bloomberg News
The national average price of diesel decreased seven-tenths of a cent, according to the Energy Information Administration’s weekly data released Oct. 19. The fall is the sixth drop in the past seven weeks.
October 19, 2020
Business, Logistics
Kansas City Southern
KC Southern Reports Mixed Earnings Amid COVID-19, Gulf Hurricanes
Kansas City Southern
The leadership of Kansas City Southern Railroad said on Oct. 16 the Class I railroad saw a 5.3% increase in third-quarter net income to $189.7 million, or $2.01 a diluted share, compared with $180.1 million, or $1.81, in the same period a year ago.
October 16, 2020
Government, Business, Fuel
Daniel Acker/Bloomberg News
Diesel Average Nudges Up to $2.395 a Gallon for First Gain in Six Weeks
Daniel Acker/Bloomberg News
The national average price of diesel increased for the first time in six weeks, inching up eight-tenths of a cent to $2.395 a gallon, according to weekly data released by the Energy Information Administration on Oct. 13.
October 13, 2020
Government, Business, Logistics
A truck parks at a loading dock at a shipping warehouse in Tolleson, Ariz. (Ross D. Franklin/AP)
Trucking Industry Economy Outpaces US Economy as Capacity Tightens
A truck parks at a loading dock at a shipping warehouse in Tolleson, Ariz. (Ross D. Franklin/AP)
Trucking is providing one of the few bright spots to the flagging U.S. economy as tight capacity and a driver shortage push contract and spot rates higher across vans, flatbeds and refrigerated trucks.
October 13, 2020
Business
Wreaths adorn headstones at the 28th annual Wreaths Across America event at Arlington National Cemetery in December 2019. (American Trucking Associations)
Wreaths Across America Plans for December Event Despite COVID-19
Wreaths adorn headstones at the 28th annual Wreaths Across America event at Arlington National Cemetery in December 2019. (American Trucking Associations)
Planners for National Wreaths Across America Day say the event that honors fallen servicemen and women will take place, albeit with modifications to keep the thousands of volunteers and staff safe.
October 13, 2020