Canadian Pacific’s 3Q Income Falls
Canadian freight railroad Canadian Pacific’s third-quarter net income fell 22% as measures to control costs failed to offset lower volumes, Reuters reported.
October 27, 2009Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
NTSB Urges Tougher Measures to Fight Drivers’ Sleep Apnea
The Federal Motor Carrier Safety Administration should identify commercial truck and bus drivers who are at high risk for obstructive sleep apnea, and require drivers diagnosed with the condition to prove they are being treated, the National Transportation Safety Board recommended last week.
October 26, 2009Gasoline Jumps 18¢ in Two Weeks, to $2.66 a Gallon
Regular gasoline jumped 18 cents in the past two weeks to a national average $2.66 a gallon, according to the latest Lundberg Survey of fuel prices.
October 26, 2009NTSB Urges Tougher Measures to Fight Drivers’ Sleep Apnea
The Federal Motor Carrier Safety Administration should identify commercial truck and bus drivers who are at high risk for obstructive sleep apnea, and require drivers diagnosed with the condition to prove they are being treated, the National Transportation Safety Board recommended last week.
October 26, 2009Diesel Soars 10.5¢ to $2.705
The average U.S. price of diesel jumped more than 10 cents a gallon and gasoline rose nearly as much last week, while petroleum closed above $81 a barrel on national commodities markets for the first time in more than a year.
October 26, 2009Existing Home Sales Jump to Two-year High
Existing homes sales jumped in September to the highest level in more than two years, the National Association of Realtors said Friday.
October 23, 2009TransForce Reports Lower 3Q Income
Canadian transportation and logistics firm TransForce Inc. said its third-quarter net income fell to C$17 million, or 19 cents a share, from C$26.5 million, or 31 cents, a year ago.
October 23, 2009Union Pacific’s 3Q Profit Drops
Union Pacific Corp.’s third-quarter profit fell 26% to $517 million, or $1.02 per share, from $703 million, or $1.38, a year ago.
October 22, 2009C.H. Robinson’s 3Q Profit Improves
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a third-quarter profit of $95.5 million, or 57 cents a share, up slightly from $93.6 million, or 54 cents a share, a year ago.
October 21, 2009CN Reports Lower 3Q Profit; Appoints New CEO
Canadian National Railway Co. said its third-quarter net income dropped to C$461 million or 97 cents per share, from C$552 million or C$1.16 per share a year earlier.
October 21, 2009