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Business, Safety, Government, Logistics

Pacer’s 3Q Profit Falls

Transportation and third-party logistics firm Pacer International said its third-quarter profit fell to $600,000, or 2 cents per share, compared with $20.8 million, or 59 cents, a year earlier.

November 4, 2009
Government, Business, Logistics

Expeditors’ Third-Quarter Income Falls 33%

Logistics firm Expeditors International of Washington said Tuesday its third-quarter net income fell 33% to $57.8 million, or 27 cents a share, from $85.6 million, or 39 cents, a year ago.

November 3, 2009
Business, Logistics, Equipment

Wabash to Close Illinois Plant

Trailer maker Wabash National Corp. said Tuesday that it will sell its Anna, Ill., plant and consolidate operations into its Cadiz, Ky., plant.

November 3, 2009
Fuel, Business, Logistics, Government

Diesel Gains 0.7¢ to $2.808 a Gallon as Increases Slow

Tom Biery/Trans Pixs

Diesel fuel’s national average retail price rose for a fourth straight week, though its increase slowed from recent weeks in a 0.7 cent gain to $2.808 a gallon, the Department of Energy said Monday.

November 3, 2009
Government, Business, Logistics

State Coalition Seeks Fed Aid for Intermodal Terminals

Five states have formed a coalition to seek a federal grant to build intermodal terminals and make other improvements along the Norfolk Southern Railroad line stretching from New Orleans to New York City.

November 2, 2009
Business, Logistics, Fuel, Government

Diesel Jumps 9.6¢ to $2.801

U.S. diesel prices continued to surge as the national average rose another 9.6 cents a gallon to $2.801 last week, the highest level in nearly a year, the Department of Energy said.

November 2, 2009
Government, Business, Safety, Logistics

P.A.M. Narrows Third-Quarter Loss

Truckload carrier and logistics firm P.A.M. Transportation Services reported a third-quarter loss of $1.2 million, or 13 cents per share, compared with a loss of $3.2 million, or 33 cents, a year ago.

October 30, 2009
Business, Safety, Logistics

Truck Driver Appreciation Week Begins Sunday

With National Truck Driver Appreciation Week approaching, American Trucking Associations is extending the deadline until Nov. 7 for submissions for its video contest on why professional truck drivers are essential to the U.S. economy.

October 29, 2009
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