Logistics

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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
Business, Government, Safety, Logistics

Canadian National Reports Higher 4Q Income, Boosts Dividend

Canadian freight railroad Canadian National Railway Co. reported its fourth-quarter net income rose 16% to C$499 million, with earnings-per-share rising to 95 cents.

January 24, 2007
Business, Logistics

CSX Reports Improved Fourth-Quarter Income, Revenue

Eastern freight railroad CSX Corp. reported fourth-quarter earnings of $347 million or 75 cents a share, up from $237 million or 52 cents a year earlier.

January 23, 2007
Business, Logistics

Union Pacific, Norfolk Southern Set Expanded Intermodal Service

Freight railroads Union Pacific Railroad and Norfolk Southern Railway said Tuesday that they will launch a new intermodal train service in February that will add rail capacity and expand intermodal rail service between Los Angeles and the Southeast.

January 23, 2007
Business, Technology, Equipment, Safety, Logistics

Technology Briefs — Jan. 17 - Jan. 22

Georgia Weigh Stations to Use PrePass • Purolator Selects Software System from Carrier Logistics • Iowa Plans Internet Kiosks at Rest Stops • President to Address Global Warming in Tuesday Speech

January 22, 2007
Business, Logistics, Autonomous

Penske Logistics to Close Ohio Terminal in March

Penske Logistics plans to close a trucking terminal in Richfield, Ohio, and lay off 92 employees by the end of March, the Cleveland Plain Dealer reported Friday.

January 19, 2007
Business, Logistics

Ceva Logistics Appoints John Pattullo CEO

Ceva Logistics said Thursday that it named John Pattullo chief executive officer of the company.

January 18, 2007

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