Logistics News
Mullen’s 1Q Income Declines; Truck Segment Improves
Canadian transportation firm Mullen Group Income Fund’s first-quarter profit fell but its trucking and logistics unit’s performance improved, the company said late Monday.
May 6, 2008Diesel Falls 2.8¢ to $4.149; Gasoline, Oil Reach Records
The national average price of diesel fuel fell for the first time in a month, declining 2.8 cents to $4.149 a gallon, the Energy Department said Monday.
May 6, 2008Gasoline Surges 15¢ to $3.62
Gasoline prices jumped 15 cents in the past two weeks to a national average $3.62 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 5, 2008Diesel Rises 3.4¢ to $4.177
U.S. retail diesel prices set a record for the third consecutive week as the national average rose 3.4 cents a gallon to $4.177, according to data from the Department of Energy.
May 5, 2008Union Pacific Sets 2-for-1 Stock Split
Union Pacific Corp. said Thursday its board authorized a two-for-one stock split, effective May 28 to shareholders of record as of May 12.
May 1, 2008Chicago Manufacturing Index Shows Small Gain
Manufacturing activity in the Chicago region improved this month, but continued to show contraction, the National Association of Purchasing Management said Wednesday.
April 30, 2008TransForce Reports Dip in 1Q Income
Canadian transportation firm TransForce Income Fund said Wednesday its first-quarter net income was C$19.1 million, or 22 cents per unit, compared with C$20.9 million, or 24 cents, a year ago.
April 30, 2008Diesel Gains 3.4¢ to Record $4.177
The national average price of diesel fuel rose to a new record high, gaining 3.4 cents to $4.177 a gallon, the Department of Energy said Monday.
April 29, 2008Wabash Reports First-Quarter Loss
Trailer maker Wabash National Corp. reported a first-quarter loss was $6.4 million, or 21 cents a share, compared with a profit of $1 million, or 3 cents, a year ago.
April 29, 2008Hub Group’s 1Q Profit Improves
Third-party logistics company and freight broker Hub Group’s first-quarter profit rose to $13.1 million, or 35 cents per share, from $11.5 million, or 29 cents, a year earlier.
April 25, 2008