Norfolk Southern Corp. said its third-quarter net income will be below a year ago on lower revenue from coal, general merchandise and fuel surcharges.
September 20, 2012Search
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No Plans to Acquire Navistar, Volkswagen Officials Say
HANOVER, Germany — The new truck-making powerhouse in Europe headed by Volkswagen AG is unlikely to make a play to acquire U.S.-based Navistar International Corp., according to interviews with company officials and others.
September 24, 2012Class 8 Sales Stay Strong Through August
Retail U.S. sales of new Class 8 trucks totaled 16,497 in August, the 32nd straight month of year-over-year growth, WardsAuto.com reported.
September 24, 2012C.H. Robinson to Acquire Poland’s Apreo Logistics
Logistics company C.H. Robinson Worldwide Inc. announced it has agreed to acquire Polish freight forwarder Apreo Logistics S.A. No terms were disclosed.
September 20, 2012Intermodal Traffic Gains 3.9% for Week
U.S. intermodal traffic rose 3.9% last week over the same week a year ago, the Association of American Railroads reported.
September 21, 2012Leading Economic Indicators Fall
An index of leading economic indicators fell 0.1% in August, the New York-based Conference Board said Thursday.
September 20, 2012Philadelphia Factory Index Contracts for Fifth Month
Manufacturing activity in the Philadelphia region contracted for a fifth straight month in September, the Federal Reserve Bank of Philadelphia said Thursday.
September 20, 2012Initial Jobless Claims Drop for Week
Initial jobless claims decreased last week by 3,000, the Labor Department said Thursday.
September 20, 2012Moving Industry Prepares to Meet Challenges of Driver Shortage, Military Outsourcing
The moving industry faces a critical shortage of drivers, and officials at the American Moving & Storage Association said they are preparing a program to do something about it.
March 19, 2012Deadline Extended in East/Gulf Coast Port Contract Talks
Management and labor negotiators in the East and Gulf Coast port contract talks have agreed to a 90-day extension of a contract that was due to expire on Sept. 30, giving the two sides more time to “focus on the outstanding core issues in a deliberate manner.â€
September 21, 2012