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, 2009Business, Logistics
CSX’s Third-Quarter Profit Drops 23%
Fuel, Business, Logistics, Government
Diesel 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, 2009Government, Business, Safety, Logistics
Two Canadian Provinces to Harmonize Truck Rules
Canada’s Alberta and Saskatchewan provinces have signed a memorandum of understanding to write uniform trucking regulations on everything from weight limits to driver training.
October 13, 2009Business, Safety, Logistics
Ontario Truckers to Be Exempt for 3 Years from Ban on Handheld Radio Devices
Truckers in Ontario got a three-year exemption from the Canadian province’s broad new ban on using handheld devices for their use of citizens band or two-way radios.
October 13, 2009Fuel, Business, Logistics, Government
Gas Falls 4.5¢ in Two Weeks to $2.47, Lundberg Says
Gasoline’s national average price continued its downward trend, falling 4.5 cents in the past two weeks to $2.47 a gallon, according to latest Lundberg Survey of fuel prices.
October 13, 2009Business, Government, Logistics
Investors to Buy Livingston International
Canadian customs brokerage firm Livingston International Income Fund said that it has agreed to an acquisition offer from CPP Investment Board and Sterling Partners.
October 9, 2009Business, Logistics
Echo Global Logistics Files Stock Sale Plan With SEC
Echo Global Logistics Inc. filed a registration statement with the Securities and Exchange Commission that said the third-party logistics operator intends to raise about $80 million by selling shares to the public.
October 7, 2009Business, Logistics
Scania to Supply Trucks for DHL Contractors
Swedish truck maker Scania said it signed an agreement with German transport and logistics company DHL, which recommends Scania as the truck vendor for DHL contractors.
October 7, 2009Fuel, Business, Logistics, Government
Diesel Falls 1.9¢ to $2.582 in Fifth Straight Drop
The national average price of diesel fuel fell for a fifth straight week, dropping 1.9 cents to $2.582 a gallon, the Department of Energy said Monday.
October 6, 2009Government, Business, Safety, Fuel, Logistics
Diesel Fuel Slips 2.1¢ to $2.601 In Fourth Straight Decline
U.S. retail diesel prices dipped again last week as the national average reached $2.601, 2.1 cents lower than the week before, according to the Department of Energy.
October 5, 2009