Logistics

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Business, Government, Logistics

FedEx Integrates LTL Units Into U.S., Canadian Operations

FedEx Corp. said Monday it has integrated its 2006 acquisition of Watkins Motor Lines into its less-than-truckload network in the United States and Canada.

February 5, 2007
Business, Government, Logistics, Autonomous

Canadian For-Hire Companies’ Revenue Rose in 2Q ’06

There were an estimated 3,336 for-hire trucking companies based in Canada with annual revenues of $1 million or more in the second quarter of 2006, almost unchanged from the same quarter in 2005, Statistics Canada said Thursday.

February 1, 2007
Business, Logistics

Target Logistics’ Fiscal Second-Quarter Income Dips

Freight forwarder Target Logistics’ fiscal second-quarter profit fell to $590,000 or 3 cents a share, from $976,000 or 5 cents in the previous second quarter.

February 1, 2007
Business, Logistics, Government

January Chicago Manufacturing Index Shows Contraction

The National Association of Purchasing Management-Chicago’s manufacturing index fell in January to the first contraction since April 2003, NAPM said Wednesday.

January 31, 2007
Business, Government, Safety, Logistics

C.H. Robinson’s Fourth-Quarter, Full-Year Income Show Gains

Transportation and logistics firm C.H. Robinson Worldwide's 2006 net income rose to $266.9 million or $1.53 a share, up from $203.4 million or $1.16 in 2005.

January 30, 2007
Business, Logistics

Canadian Pacific Reports Higher Fourth-Quarter Income

Canadian freight railroad Canadian Pacific’s fourth-quarter net income was C$145.6 million or 92 cents a share, up from $137.1 million or 86 cents a year earlier.

January 30, 2007
Business, Logistics

Schneider Reports Higher Revenue for 2006

Truckload carrier Schneider National said Thursday it had $3.7 billion in revenue last year, up from $3.4 billion in 2005.

January 25, 2007
Business, Logistics

Existing Home Sales Drop in December

Existing home sales fell 0.8% in December and purchases for the year fell by the most since 1989, the National Association of Realtors said Thursday.

January 25, 2007
Business, Logistics

Union Pacific’s Income, Revenue Jump for 4Q, Full Year

Western freight railroad Union Pacific Corp. said Thursday its fourth-quarter profit jumped to $485 million or $1.78 a share, from $296 million or $1.10 cents for the same quarter a year earlier.

January 25, 2007
Business, Logistics

Norfolk Southern’s Fourth-Quarter Earnings Rise

Eastern freight railroad Norfolk Southern Corp. said Wednesday its fourth-quarter profit rose 6%, as record revenue from coal shipments offset declines in intermodal shipments.

January 24, 2007

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