The聽National Conference on Weights and Measures has voted not to require temperature gauges to measure fuel output on retail pumps.
July 17, 2009Search
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C.H. Robinson鈥檚 2Q Profit Improves
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $92 million, or 54 cents a share, up slightly from $90 million, or 52 cents a share, a year ago.
July 21, 2009Crane Leverages Loss of EGL into New Logistics Success
HOUSTON 鈥 During the second half of 2007, when the U.S. economy and stock market were at their respective peaks, a colleague of James Crane said he was 鈥 for a brief while 鈥 bitter and unhappy. But as gross domestic product and the value of stocks, housing and other assets fell dramatically, the smile returned to Crane鈥檚 face as he realized the comfort of cash 鈥 hundreds of millions of dollars of it.
July 20, 2009Opinion: The Fatigue Checklist 鈥 Scant Science
Get a group of truckers together anywhere in this country, and Minnesota鈥檚 鈥淔atigued Driving Evaluation Checklist鈥 is bound to come up. The 75-item list gained national prominence when the Owner-Operator Independent Drivers Association sued the Minnesota State Patrol in federal court in an attempt to stop its use.
July 17, 2009Carter Logistics Opens Cross-Dock in Mich.
Third-party logistics firm Carter Logistics said it has opened a new cross-dock facility in Romulus, Mich.
July 15, 2009Yucaipa Cos. Acquires 49% Stake in Eimskip Cold Storage Business
The Yucaipa Cos., a private equity firm, bought a 49% stake in Versacold International Corp., an operator of temperature-controlled warehouses, from Icelandic shipping and logistics company Hf. Eimskipafelag Islands, or Eimskip.
July 15, 2009CEVA Recruits Ryan as First COO
CEVA Logistics has appointed Matthew Ryan its first chief operating officer, the company announced on July 2. He will manage the company鈥檚 global operations team and be responsible for global procurement, CEVA said.
July 14, 2009CSX Profit Falls 20% in Second Quarter
Freight railroad CSX Corp. said its second-quarter profit fell 20% as fuel surcharges and shipments dropped.
July 14, 2009Expeditors Releases 2Q Earnings Guidance
Logistics firm Expeditors International of Washington said Monday its second-quarter earnings will likely be 24 cents to 26 cents per share, down from 32 cents a year ago.
July 13, 2009Don鈥檛 Ignore NTSB Suggestions, Nominee Hersman Tells Congress
WASHINGTON 鈥 Debbie Hersman, President Obama鈥檚 choice to lead the National Transportation Safety Board, told a Senate committee that other transportation agencies should voluntarily adopt the board鈥檚 recommendations, and if they don鈥檛, Congress should order them to.
July 13, 2009