EGL Inc. said Thursday it has received an offer from Ceva Group to acquire stock of the Houston-based freight forwarder for $43 a share.
May 3, 2007Search
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Target Logistics’ Income Dips
Freight forwarder Target Logistics said Wednesday its fiscal third-quarter profit fell to $340,000 or 2 cents a share, from $610,000 or 3 cents a year ago.
May 2, 2007TIA Says Customs to Expedite Request for Logistics Firms to Join C-TPAT
By Dan Leone, Staff Reporter
May 2, 2007Wabash Sees 1Q Income Drop
Trailer maker Wabash National Corp. reported first-quarter net income of $1 million or 3 cents a share, down from $4.3 million or 13 cents a year earlier.
May 1, 2007Contrans’ 1Q Income Dips
Canadian firm Contrans Income Fund’s first-quarter income dropped to C$8.1 million or 28 cents a unit, from C$9.7 million or 34 cents a year ago.
May 1, 2007Chicago Manufacturing Activity Slows
A gauge of Chicago manufacturing activity fell in April, the National Association of Purchasing Management said Monday.
April 30, 2007Diesel Price Falls 2.6¢ to $2.851
The national average price of retail diesel slipped 2.6 cents to $2.851 a gallon last week, its first decline after three straight increases.
April 30, 2007NS, KCS Report Mixed Results
Eastern freight railroad Norfolk Southern Corp.’s first-quarter profit fell, while Kansas City Southern said its net income nearly doubled.
April 26, 2007CN, 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, 2007TransForce’s Income Dips
Canadian transportation firm TransForce Income Fund said Tuesday it earned C$20.9 million or 24 cents a share in the first quarter, down from C$22.1 million or 27 cents a year earlier.
April 24, 2007