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Business, Logistics

Norfolk Southern Opens Ohio Intermodal Terminal

Norfolk Southern Corp. said it opened a new intermodal terminal near Columbus, Ohio.

March 4, 2008
Business, Logistics

Wright Express Completes Pacific Pride Acquisition

Wright Express Corp., which provides payment processing and information management services to fleets, said Monday it completed its $32 million acquisition of privately held Pacific Pride Services.

March 3, 2008
Business, Logistics

Wabash Sets Plans for New Trailer Plant

TT File Photo

Trailer manufacturer Wabash National said it is planning to construct a $25 million trailer manufacturing plant in Franklin, Ky. as part of a new cost-savings initiative.

February 29, 2008
Business, Safety, Government, Logistics

TransForce's 4Q Income Falls on Goodwill Charge

Canadian transportation firm TransForce Income Fund said Thursday it lost C$30.8 million, or 36 cents a share, in the fourth-quarter as a result of a C$56 million write-off of goodwill associated with the Fund’s Oilfield Services division.

February 28, 2008
Business, Logistics, Government

Teamsters, DHL Reach Tentative Pact


The Teamsters union said Wednesday its national negotiating committee reached a tentative agreement on an agreement with package carrier DHL.

February 27, 2008
Business, Logistics

Contrans’ 4Q Profit Dips Slightly

Canadian firm Contrans Income Fund said Wednesday its fourth-quarter income was C$7.5 million, or 31 cents per unit, compared with C$7.8 million, or 31 cents, a year ago.

February 27, 2008
Government, Business, Logistics

Schenker Chairman Hagar Resigns

Hans-Jörg Hager, chairman of the board of Schenker Logistics, will step down from his position this year, the company said Tuesday.

February 26, 2008
Government, Business, Safety, Fuel, Logistics

Diesel Jumps 15.6¢ to a Record $3.552 a Gallon

Bruce Harmon/Trans Pixs

The national average price of diesel fuel jumped 15.6 cents to a record $3.552 a gallon, shattering the previous mark set three months ago by 10.8 cents, the Department of Energy said Monday.

February 26, 2008
Business, Logistics

Existing Home Sales Decline

Existing homes sales fell to the lowest level in nine years in January, the National Association of Realtors said Monday.

February 25, 2008
Business, Fuel, Logistics, Government

Fuel Jumps 11.6¢ to $3.396

U.S. retail diesel prices soared 11.6 cents last week to a national average of $3.396 a gallon, the highest level since early December, the Department of Energy reported.

February 25, 2008