U.S. rail intermodal traffic increased 7.6% in the week ended April 19 compared with the same week last year, the Association of American Railroads reported.
April 25, 2014Business, Logistics
Intermodal Rail Traffic Rises 7.6% for Week
Business, Logistics
Echo Global Logisticsā 1Q Net Income Falls 18%; Revenue Improves
Echo Global LogisticsāĀ first-quarter net income fell 18% to $2.4 million, or 10 cents per share, from $3 million, or 13 cents per share.
April 25, 2014Business, Logistics
Norfolk Southernās First Quarter Profit Declines
Norfolk Southern Corp. said its first-quarter profit declined and operating revenue dropped 2%.
April 23, 2014Business, Logistics
Canadian Railroadsā 1Q Earnings Rise
Canadaās two major freight railroads reported higher first-quarter earnings from a year ago despite harsh winter conditions.
April 23, 2014Business, Logistics
STB Pressures Two Railroads to Speed Fertilizer Shipments
BNSF Railway and Canadian Pacific Railway, the primary railroads in oil-rich North Dakota, last week came under federal pressure to accelerate fertilizer shipments to the region after delays on both lines slowed that freight as planting deadlines approach.
April 21, 2014Business, Logistics
Hub Group Reports Lower 1Q Profit, Citing Weather
Hub Group Inc. said its first-quarter profit slipped from a year ago, citing āextreme weather in many markets,ā although its revenue improved.
April 18, 2014Business, Logistics
Intermodal Rail Traffic Rises 9.3% for Week
U.S. rail intermodal traffic increased 9.3% in the week ended April 12 compared with the same week last year, the Association of American Railroads reported.
April 18, 2014Business, Logistics
Union Pacificās 1Q Earnings Jump 14%
Union Pacific Corp.ās first-quarter earnings jumped 14% to $1.1 billion, or $2.38 a share, the company reported April 17. Revenue rose 6.6% to $5.64 billion.
April 17, 2014Business, Logistics
CSX Reports 1Q Income Drops 14%
CSX Corp. reported its first-quarter net income fell 14% to $398 million, or 40 cents per share, as the rail industry began its first-quarter round of earnings reports on a lower note.
April 16, 2014Business, Government, Safety, Fuel, Logistics, Autonomous
Report Calls for Separate Emissions Rule for Heavy Trucks Powered by Natural Gas
Federal regulators should develop a separate standard for natural gas-powered vehicles when they finalize the second phase of the governmentās emissions reduction and fuel-efficiency standards for medium- and heavy-duty trucks, according to a new report by the National Research Council of the National Academy of Sciences.
April 14, 2014