Search

Showing 10 of 8801 results

= Premium Content

CN, BNSF Report Lower Profit

Railroads Canadian National and Burlington Northern Santa Fe Corp. reported their first-quarter profits declined, even as revenue rose.

April 24, 2007

C.H. Robinson’s Profit Improves

Transportation and logistics firm C.H. Robinson Worldwide said its first-quarter net income jumped 25.6% to $73 million or 42 cents a share, up from $58.1 million or 33 cents a year ago.

April 24, 2007

Diesel Drops 2.6¢ to $2.851

The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.

April 24, 2007

Hub Group’s Earnings Rise

Third-party logistics company and freight broker Hub Group said late Thursday its first-quarter profit rose 25% to $11.4 million or 29 cents a share, from $9.1 million or 22 cents a share a year ago.

April 20, 2007

Union Pacific’s 1Q Profit Rises

Union Pacific Corp., the nation’s largest freight railroad, said Thursday its first-quarter profit rose 24% to $386 million or $1.41 per share, from $311 million or $1.15 last year.

April 19, 2007

CSX’s 1Q Profit Dips; Revenue Hits Record

CSX Corp. late Tuesday reported that its first-quarter profit fell 2%, due to slower freight demand and a sluggish economy.

April 18, 2007

CN Workers Begin Strike

Canadian National Railway Co.’s 2,800 union conductors and yard workers began rotating strikes Wednesday after rejecting a proposed one-year contract, Bloomberg reported.

April 12, 2007

Exec Downplays Rail Takeovers

Norfolk Southern Corp. Chief Executive Officer Charles “Wick” Moorman told the Surface Transportation Board that buyout firms probably will not try to acquire major U.S. railroads because of opposition by rail management, Bloomberg reported.

April 12, 2007

3PL Revenue Tops $110 Billion

U.S. third-party logistics gross revenues topped $110 billion for the first time last year, according to a report on the 3PL industry released this week.

April 11, 2007