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CSX 1Q Profit Falls 27%

Eastern freight railroad CSX Corp. said its per-share profit fell 27% in the first quarter.

April 15, 2009

Gasoline Gains 9.6¢ to $2.048 a Gallon

Gasoline’s national average price rose nearly a dime in the three weeks ended Friday to $2.048 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

April 13, 2009

Economic Doldrums Affect Two IT Meeting Schedules

The The Information Technology & Logistics Council, citing economic conditions, postponed until midsummer its annual conference, originally scheduled for March 22-25.

April 13, 2009

National Diesel Price Increase Moderates

The U.S. diesel average inched up last week 0.7 cent a gallon to $2.228, following two weeks of major increases, while the gasoline price dipped, the Department of Energy reported.

April 13, 2009

Mendez Picked to Run FHWA; Hurley Nominated for NHTSA

President Obama last week nominated Victor Mendez, former head of the Arizona Department of Transportation, to lead the Federal Highway Administration and Charles Hurley, a longtime safety advocate, to run the National Highway Traffic Safety Administration.

April 13, 2009

Obama Names Chuck Hurley to Head NHTSA

President Obama has named Chuck Hurley, the head of Mothers Against Drunk Driving, to lead the National Highway Traffic Safety Administration, the White House said on its Web site.

April 9, 2009

CEVA Sets Contract with Technogym

CEVA Logistics said Wednesday that it had signed an agreement to provide logistics services for fitness equipment manufacturer Technogym.

April 7, 2009

National Trailer Dealers Association Cancels Convention

The National Trailer Dealers Association has canceled its 2009 convention, citing a need among its members to save money.

April 7, 2009

Groups Urge Resolution of Mexican Truck Issue

An ad hoc coalition including the National Pork Producers Council and 140 other business, manufacturing and agricultural organizations, sent a letter Tuesday to President Obama urging him to quickly resolve a dispute with Mexico over allowing its trucks to transport goods into the United States.

April 7, 2009

Private Equity Firm Buys L.A. Trucking Company

Private equity firm Atlantic Street Capital said Monday it has acquired EZE Trucking, which provides specialty logistics services for the infrastructure market. Terms were not disclosed.

April 6, 2009