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Business, Logistics

Kansas City Southern’s 3Q Profit Declines

Kansas City Southern said Thursday it earned $25.8 million, 27 cents a share, in its third quarter, compared with $48.9 million, or 52 cents, a year ago.

October 29, 2009
Business, Logistics

Norfolk Southern’s 3Q Profit Drops 41%

Norfolk Southern Corp. reported that its third-quarter profit fell 41% from a year ago.

October 28, 2009
Business, Logistics

Canadian Pacific’s 3Q Income Falls

Canadian freight railroad Canadian Pacific’s third-quarter net income fell 22% as measures to control costs failed to offset lower volumes, Reuters reported.

October 27, 2009
Government, Business, Safety, Logistics

NTSB Urges Tougher Measures to Fight Drivers’ Sleep Apnea

The Federal Motor Carrier Safety Administration should identify commercial truck and bus drivers who are at high risk for obstructive sleep apnea, and require drivers diagnosed with the condition to prove they are being treated, the National Transportation Safety Board recommended last week.

October 26, 2009
Fuel, Business, Logistics, Government

Gasoline Jumps 18¢ in Two Weeks, to $2.66 a Gallon

Larry Smith/Trans Pixs

Regular gasoline jumped 18 cents in the past two weeks to a national average $2.66 a gallon, according to the latest Lundberg Survey of fuel prices.

October 26, 2009
Business, Safety, Government, Logistics

NTSB Urges Tougher Measures to Fight Drivers’ Sleep Apnea

The Federal Motor Carrier Safety Administration should identify commercial truck and bus drivers who are at high risk for obstructive sleep apnea, and require drivers diagnosed with the condition to prove they are being treated, the National Transportation Safety Board recommended last week.

October 26, 2009
Business, Logistics, Government

Diesel Soars 10.5¢ to $2.705

The average U.S. price of diesel jumped more than 10 cents a gallon and gasoline rose nearly as much last week, while petroleum closed above $81 a barrel on national commodities markets for the first time in more than a year.

October 26, 2009
Business, Logistics

Existing Home Sales Jump to Two-year High

Existing homes sales jumped in September to the highest level in more than two years, the National Association of Realtors said Friday.

October 23, 2009
Business, Safety, Government, Logistics

TransForce Reports Lower 3Q Income

Canadian transportation and logistics firm TransForce Inc. said its third-quarter net income fell to C$17 million, or 19 cents a share, from C$26.5 million, or 31 cents, a year ago.

October 23, 2009
Business, Logistics

Union Pacific’s 3Q Profit Drops

Union Pacific Corp.’s third-quarter profit fell 26% to $517 million, or $1.02 per share, from $703 million, or $1.38, a year ago.

October 22, 2009

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