Logistics

About Logistics News...

For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
 

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
Fuel, Business, Logistics, Government

Diesel Dips 0.3¢ to $2.886; Gasoline Tumbles Again

Larry Smith/Trans Pixs

Diesel fuel’s national average pump price dipped 0.3 cent to $2.886 a gallon, while gasoline continued its downward trend, falling 8.2 cents to $2.876, the Energy Department said Monday.

Transport Topics
July 31, 2007
Business, Logistics

Wabash Reports Higher 2Q Earnings

Trailer maker Wabash National Corp. reported its second-quarter profit rose to $5.9 million or 18 cents a share, from $5 million or 15 cents a year ago.

Transport Topics
July 31, 2007
Business, Logistics, Government

Chicago Manufacturing Index Drops

Manufacturing activity in the Chicago region declined in July, the National Association of Purchasing Management said Tuesday.

Transport Topics
July 31, 2007
Business, Logistics, Technology, Equipment, Safety

Schneider to Use Oracle Software System

Truckload carrier Schneider National has selected Oracle to supply infrastructure software for its integrated transaction and data enterprise software system, Oracle said Monday.

Transport Topics
July 30, 2007

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