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Business, Logistics

Contrans’ Second-Quarter Income Improves

Canadian firm Contrans Income Fund’s second-quarter income rose compared with a year ago, due largely to a big income tax charge in the previous second quarter.

Transport Topics
August 6, 2008
Business, Safety, Government, Logistics

Bush Orders Expedited Columbia River Crossing in Pacific Northwest

The Columbia River Crossing between Portland, Ore., and Vancouver, Wash., has received national priority status from the White House to expedite the project, the U.S. Department of Transportation said late Tuesday.

Transport Topics
August 5, 2008
Government, Business, Safety, Logistics

Pacer’s 2Q Income Improves

TT File Photo

Transportation and third-party logistics firm Pacer International said late Tuesday its second-quarter profit rose 10.4% to $13.8 million, or 40 cents a share, from $12.5 million, or 34 cents, a year ago.

Transport Topics
August 5, 2008
Business, Logistics

Expeditors’ Second-Quarter Income Improves

Logistics firm Expeditors International of Washington said its second-quarter net income rose 9% to $71.3 million, or 32 cents a share, from $65.5 million, or 30 cents, a year ago.

Transport Topics
August 5, 2008
Business, Safety, Government, Logistics

C.H. Robinson Worldwide Acquires Canadian Forwarder

Transportation and third-party logistics firm C.H. Robinson Worldwide said Monday it has acquired Transera International Holdings Ltd., a project forwarding company based in Calgary, Alberta, Canada.

Transport Topics
August 4, 2008
Government, Business, Safety, Logistics, Fuel

Diesel Falls 11.5¢ to $4.603

The national average retail price of diesel fell 11.5 cents to $4.603 a gallon last week, the largest one-week drop in nearly two years and the second consecutive weekly decline, the Department of Energy reported.

August 4, 2008
Business, Logistics

Wabash National Corp. Reports Second Quarter Loss

Trailer manufacturer Wabash National Corp. reported a net loss of $3.2 million, or 11 cents a share, for the second quarter of 2008, down from earnings of $5.9 million, or 18 cents, a year ago.

Transport Topics
July 31, 2008
Business, Logistics

More Hazmat Shippers Considering Trucks

Sharply higher rail rates for carrying hazardous materials known as toxic inhalants have led some shippers to shift to trucks, said John Conley, president of the National Tank Truck Carriers.

July 30, 2008
Business, Logistics

West Coast Ports, Longshore Union Reach Tentative Agreement

The International Longshore and Warehouse Union and the Pacific Maritime Association have reached a tentative agreement on a new six-year labor contract that will cover more than 25,000 workers at 29 West Coast ports, the groups said Tuesday in a joint statement.

Transport Topics
July 29, 2008
Business, Logistics, Fuel, Government

Diesel Down 11.5 Cents to $4.603 a Gallon

The national average price of retail diesel fell 11.5 cents to $4.603 a gallon, the Department of Energy reported Monday.

Transport Topics
July 28, 2008

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