Diesel fuel’s national average price fell 2.2 cents to $2.246 a gallon, the lowest in more than three and a half years, the Department of Energy said Monday.
February 3, 2009BusinessLogistics
Kansas City Southern’s 4Q Income Declines
Kansas City Southern said its fourth-quarter profit fell 27% to $36.4 million, or 40 cents a share, from $49.9 million, or 56 cents, a year ago.
February 4, 2009BusinessLogistics
Carrier Logistics Offers Fleets Web-Based Software Product
Carrier Logistics Inc., a software provider focused on less-than-truckload carriers and logistics companies, said that it rolled out a Web-based, pay-as-you-go version of its FACTS freight management software.
February 3, 2009BusinessLogistics
Vitran Opens Southern Calif. 3PL Facility
Vitran Logistics has opened a distribution center in Ontario, Calif., in order to serve Sam’s Club, the company said.
February 2, 2009GovernmentBusinessLogistics
Chicago Manufacturing Index Declines
Manufacturing activity in the Chicago region contracted in January for a fourth straight month, the National Association of Purchasing Management said Wednesday.
January 30, 2009GovernmentBusinessLogistics
Norfolk Southern’s 4Q Profit Improves
Norfolk Southern Corp. said its fourth-quarter profit rose 13% on higher shipping costs, though its intermodal business declined.
January 28, 2009BusinessSafetyGovernmentLogistics
C.H. Robinson’s 4Q Income Rises
Transportation and third-party logistics firm C.H. Robinson Worldwide said its fourth-quarter profit rose to $88.9 million, or 52 cents a share, from $85.3 million, or 49 cents, a year ago.
January 27, 2009FuelBusinessLogisticsGovernment
Diesel Drops 2.8¢ to $2.268
Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.
January 27, 2009BusinessGovernmentLogistics
Canadian Railroads’ 4Q Earnings Decline
Canada’s two major freight railroads reported lower fourth-quarter earnings on lower freight demand.
January 27, 2009BusinessLogisticsGovernment
Existing °®¶¹´«Ã½ Sales Rise in November
Existing homes sales increased 6.5% in November, while the median price of a home fell 15% from the same month last year, the biggest drop on record, the National Association of Realtors said Monday.
January 26, 2009