CN 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, 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.
Diesel Jumps a Dime to $2.705
Diesel fuel’s national average price jumped 10.5 cents to $2.705 a gallon, its highest price since November, the Department of Energy said Monday.
October 20, 2009Agility, TNT, UPS Assist with Asian Disaster Response
Agility Logistics, TNT N.V. and UPS Inc. are collaborating with the United Nations to send food to people affected by flooding in the Philippines and an earthquake in Indonesia, the UN said.
October 16, 2009Transplace to Focus on Small, Mid-Sized Businesses
Transplace said it is broadening its focus on serving small and mid-sized businesses, which the company said could benefit from its logistics technology services.
October 16, 2009Correction: Canadian Firm Bruce R. Smith Ltd. Is Restructuring
A story on TTNews.com Wednesday incorrectly stated that Canadian trucking firm Bruce R. Smith Ltd. was in “bankruptcy.”
October 16, 2009YRC Units Announce Speedup In Service, Logistics Contract
YRC Worldwide Inc. said that its less-than-truckload unit has sped up cross-border trucking service and its logistics unit has been awarded a management contract in Peru.
October 15, 2009YRC Units Announce Speedup In Service, Logistics Contract
YRC Worldwide Inc. said that its less-than-truckload unit has sped up cross-border trucking service and its logistics unit has been awarded a management contract in Peru.
October 15, 2009Evans Network to Acquire Drayage, Brokerage Assets
The Evans Network of Companies said it will acquire some assets of Land Transportation and Phoenix Transit and Logistics.
October 14, 2009CSX’s Third-Quarter Profit Drops 23%
CSX Corp. said its third-quarter earnings fell 23% from the same period last year but the railroad said the worst of the recession is over, the Associated Press reported.
October 14, 2009Diesel Rises 1.8¢ to $2.60 for First Gain in Six Weeks
Diesel fuel’s national average price rose for the first time in six weeks, gaining 1.8 cents to $2.60 a gallon, while gasoline increased for the first time in nine weeks, the Department of Energy said.
October 13, 2009