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Fuel, Business, Logistics, Government

Diesel Drops 2.8¢ to $2.268

Tom Biery/Trans Pixs

Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.

Transport Topics
January 26, 2008
Business, Logistics

2007 Home Sales Fall to Lowest Level Since 1982

Existing homes sales fell 2.2% in December, capping the biggest annual slump since 1982, the National Association of Realtors said Thursday.

Transport Topics
January 24, 2008
Business, Logistics

Union Pacific Reports Higher 4Q Profit

TT File Photo

Union Pacific Corp., the largest U.S. freight railroad by revenue, said Thursday its fourth-quarter net income rose to $491 million, or $1.86 per share, from $485 million, or $1.78, a year earlier.

Transport Topics
January 24, 2008
Business, Logistics

CN’s Fourth-Quarter Profit Rises

Canadian National Railway Co. said its fourth-quarter net income rose C$833 million or C$1.68 per share, from C$499 million or 95 cents per share a year earlier.

Transport Topics
January 23, 2008
Business, Logistics

Norfolk Southern’s 4Q Profit Improves

Eastern freight rail line Norfolk Southern Corp.’s fourth-quarter profit rose 3.6% and the railroad increased its dividend, the company said late Tuesday.

Transport Topics
January 23, 2008
Fuel, Business, Logistics, Government

Diesel Drops 5.6¢ to $3.27

Bruce Harmon/Trans Pixs

The average national price of diesel fuel fell for a second straight week, dropping 5.6 cents to $3.27 a gallon, the Department of Energy said Tuesday.

Transport Topics
January 22, 2008
Business, Logistics, Technology, Equipment, Safety

Descartes Acquires Fluensee’s MobiTrac

Canadian Logistics software provider Descartes Systems Group said it has acquired Fluensee Inc.’s MobiTrac fleet management business.

Transport Topics
January 22, 2008
Business, Logistics

CSX Reports 4Q Profit Gain

Larry Smith/Trans Pixs

Eastern freight rail line CSX Corp. said Tuesday its fourth-quarter earnings rose more than 5% from a year earlier, to $365 million or 86 cents a share, from $347 million or 75 cents a year earlier.

Transport Topics
January 22, 2008
Business, Government, Safety, Logistics, Technology, Equipment, Autonomous

Panel Urges Infrastructure Overhaul

WASHINGTON — In a controversial report calling for huge new spending on the national transportation system, a congressional commission last week made several recommendations that would affect trucking, including new flexibility in the federal driver hours-of-service rule in congestion-prone areas.

January 21, 2008
Business, Logistics

FedEx Says It Cuts Some LTL Delivery Times

Bruce Harmon/Trans Pixs

FedEx Corp. said its less-than-truckload unit, FedEx Freight, improved its service in key U.S. markets, and that its FedEx National LTL unit now provides long-haul shippers with improved on-time service.

Transport Topics
January 17, 2008

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