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Business, Logistics

Unions Reach Tentative Five-Year Pact With Freight Railroads

A coalition of seven rail labor unions said late Wednesday it has reached a tentative agreement on a national contract with U.S. freight rail lines.

March 1, 2007
Business, Safety, Government, Logistics

EGL’s Fourth-Quarter Income Falls

Transportation and logistics firm EGL Inc. said its fourth-quarter income fell to $10.9 million or 27 cents a share, from $19.1 million or 47 cents in the previous fourth quarter.

February 28, 2007
Business, Logistics, Government

February Chicago Manufacturing Index Falls

A gauge of Chicago manufacturing activity fell in February, the National Association of Purchasing Management-Chicago said Wednesday.

February 28, 2007
Business, Safety, Logistics, Autonomous

Letter to the Editor: Speed Limiters

On Oct. 20, American Trucking Associations, in conjunction with “Road Safe America,” a group of nine trucking companies, submitted a petition to the National Highway Traffic Safety Administration and the Federal Motor Carrier Safety Administration.

February 28, 2007
Business, Fuel, Logistics, Government

Diesel Price Jumps 6 Cents to $2.551 in Fourth Straight Gain

Retail diesel fuel’s national average price rose for a fourth straight week, jumping 6 cents to $2.551 a gallon, the Department of Energy said Monday.

February 27, 2007
Business, Logistics

January Existing Home Sales Rise 3%

Existing home sales rose 3% in January, the National Association of Realtors said Tuesday.

February 27, 2007
Business, Government, Safety, Logistics

Rail Freight Slowing in First Quarter, Analyst Says

Union Pacific Railroad has laid off 124 people and cut back hours for 455 more because of lower freight demand, the Associated Press reported, and a market analysis firm Monday lowered its market outlook for the rail sector.

February 26, 2007
Business, Safety, Government, Logistics

TransForce Reports Gains in 4Q Income, Revenue

Canadian transportation firm TransForce Income Fund said Monday it earned C$55.1 million or 64 cents a share in the fourth quarter, up from C$35.9 million or 47 cents a year earlier.

February 26, 2007
Business, Government, Logistics

Canada May Pass Law to End CN Railroad Strike

Canadian Labor Minister Jean-Pierre Blackburn introduced legislation Friday to force striking Canadian National Railway Co. employees back to work as early as next week, Bloomberg reported.

February 23, 2007
Business, Fuel, Logistics, Government

Diesel Rises for Third Straight Week, Climbing 1.5 Cents to $2.491

The average national retail price of diesel fuel rose 1.5 cents to $2.491 a gallon, the Energy Department reported Tuesday.

February 21, 2007

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