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Government, Business, Safety, Logistics

C.H. Robinson’s Profit Improves

Transportation and logistics firm C.H. Robinson Worldwide said its first-quarter net income jumped 25.6% to $73 million or 42 cents a share, up from $58.1 million or 33 cents a year ago.

April 24, 2007
Business, Government, Equipment, Autonomous

Michelin’s 1Q Sales Gain

Larry Smith/Trans Pixs

Tire maker Michelin & Cie. said its first-quarter sales rose 5.5% on higher prices and demand from truck makers, Bloomberg reported.

April 24, 2007
Fuel, Business, Logistics, Government

Diesel Drops 2.6¢ to $2.851

Larry Smith/Trans Pixs

The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.

April 24, 2007
Business, Government, Safety, Fuel, Autonomous

Truckers Concerned on New Engines’ Mileage, Journal Reports

Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.

April 24, 2007
Business, Safety, Government, Logistics

TransForce’s Income Dips

Canadian transportation firm TransForce Income Fund said Tuesday it earned C$20.9 million or 24 cents a share in the first quarter, down from C$22.1 million or 27 cents a year earlier.

April 24, 2007
Government, Business, Safety, Fuel

Forward Air’s Profit Dips

Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.

April 24, 2007
Business, Government

Home Sales, Consumer Confidence Decline

Existing home sales fell to a four-year low and consumer confidence declined to an eight-month low, two groups reported Tuesday.

April 24, 2007
Business, Government, Safety

Technology Briefs — April 17 - April 23

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April 23, 2007
Government

Gasoline Prices Rise 8 Cents

Susan Goldman/Bloomberg News

Gasoline prices rose more than 8 cents across the country in the past two weeks to $2.87 a gallon, according to the latest Lundberg Survey of filling stations.

April 23, 2007
Business, Government, Safety

Calif. Idling Rule to Cause Cost Increases, Execs Say

By Andrea Fischer, Staff Reporter

This story appears in the April 23 print edition of Transport Topics. Click here to subscribe today.

April 23, 2007

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