Logistics

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Business, Logistics, Government

Gasoline Dips to $2.05, Lundberg Survey Reports

Larry Smith/Trans Pixs

The national average price of regular gasoline fell by less than a penny over the past two weeks to $2.05 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

April 27, 2009
Business, Safety, Government, Logistics

Shippers Oppose Petition By Union Pacific Seeking STB Permission to Decline Hazmat

Union Pacific Corp.’s petition seeking Surface Transportation Board permission to limit the railroad’s common carrier freight-hauling responsibilities has elicited a common response from nearly all other interested parties: Absolutely not.

April 27, 2009
Business, Logistics

Union Pacific’s 1Q Profit Falls 18%

Union Pacific Corp.’s first-quarter profit fell 18% to $362 million, or 72 cents per share, from $443 million, or 85 cents, a year ago.

April 23, 2009
Business, Logistics

Existing Home Sales Fall 3%

Existing homes sales fell 3% in March, the National Association of Realtors said Thursday.

April 23, 2009
Business, Logistics

Canadian Pacific Reports Lower 1Q Income

Canadian freight railroad Canadian Pacific’s first-quarter net income fell 31.1% to C$62.5 million, or 39 cents a share, from C$90.7 million, or 59 cents a share a year earlier.

April 23, 2009
Business, Logistics

Norfolk Southern’s 1Q Profit Drops 39%

Norfolk Southern Corp. said its first-quarter profit fell 39% from a year ago on lower shipping demand.

April 22, 2009
Business, Safety, Government, Logistics

C.H. Robinson Reports Flat 1Q Income

Transportation and third-party logistics firm C.H. Robinson Worldwide’s first-quarter profit dipped slightly to $85.4 million, or 50 cents a share, from $86.3 million, or 50 cents, a year ago.

April 21, 2009
Fuel, Business, Logistics, Government

Diesel Dips 0.8¢ to $2.221; Oil Hits Seven-Week Low

Bruce Harmon/Trans Pixs

The national average price of diesel fuel fell by less than a penny, dipping 0.8 cent to $2.221 a gallon, the Department of Energy reported.

April 21, 2009
Business, Safety, Government, Logistics

Load Volumes Decline for Logistics Firms but Gross Margins Rise, Voltmann Says

Freight brokers and logistics providers, who met earlier this month in San Antonio, provided more evidence of the bleak condition of the freight transportation business and also moved to gather data on the size of their segment of the industry.

April 21, 2009
Business, Logistics

Canadian National’s 1Q Income Improves

Canadian National Railway said late Monday its first-quarter net income rose to C$424 million, or 90 cents a share, from C$311 million, or 64 cents, a year ago.

April 20, 2009

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