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CSX Transportation, Kentucky to Cooperate on Rail Security

Freight railroad CSX Transportation said it has entered into an agreement with the state of Kentucky under which state law enforcement officials will be able to track the location of CSX trains and monitor the contents of the carrier’s railcars.

August 8, 2007

Expeditors’ 2Q Profit Rises

Logistics firm Expeditors International of Washington’s second-quarter profit rose 16% to $65.5 million or 30 cents a share, from $56.3 million or 25 cents a year ago.

August 7, 2007

Expeditors’ 2Q Profit Rises

Logistics firm Expeditors International of Washington’s second-quarter profit rose 16% to $65.5 million or 30 cents a share, from $56.3 million or 25 cents a year ago.

August 7, 2007

Pattullo Joins Ceva as CEO

Ceva Logistics, which last Thursday completed its acquisition of Houston-based EGL Inc., said John Pattullo has joined the company as its new chief executive officer.

August 6, 2007

Diesel Rises 1.2 Cents to $2.898 a Gallon

The national average price of diesel fuel rose to its highest level this year, climbing 1.2 cents to $2.898 a gallon, the Department of Energy reported Monday.

August 7, 2007

Penske to Manage European Supply Chain for Bombardier

Penske Logistics has been selected as the lead logistics provider for Bombardier Transportation’s European operations, the company said Monday.

August 6, 2007

TransForce to Purchase Canadian Courier

Canadian transportation firm TransForce Income Fund said Thursday it will purchase Century II Holdings, the parent company of Toronto-based ICS Courier.

August 3, 2007

EGL Shareholders Approve Buyout

EGL Inc. said late Tuesday that its shareholders approved the company’s proposed $2 billion buyout by Ceva Group, and the deal is expected to close on Thursday.

August 1, 2007

Chicago Manufacturing Index Drops

Manufacturing activity in the Chicago region declined in July, the National Association of Purchasing Management said Tuesday.

July 31, 2007