Freight railroad BNSF Railway Co. is parking miles of rail cars in some parts of the country because there is not enough freight to keep them moving, the Associated Press reported Monday.
April 7, 2008Search
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Prime Inc. to Buy 1,900 Trailers from Wabash National
Trailer maker Wabash National Corp. said it would sell 1,900 trailers to refrigerated carrier Prime Inc.
April 8, 2008Norfolk Southern to Take 1Q Charge on Accident Settlement
Eastern freight rail line Norfolk Southern Corp. said Monday it will take a first-quarter charge of 2 cents per share, related to settlement of an accident claim.
April 7, 2008Diesel Dips 0.9¢ to $3.955; Gas Rises to Record $3.332
The national average pump price of diesel fuel dipped 0.9 cent to $3.955 a gallon, while gasoline rose to a second straight record, the Department of Energy said Monday.
April 8, 2008Teamsters Ratify 5-Year Contract with UPS Freight
The Teamsters union and UPS Inc. said Monday that Teamsters members had overwhelmingly ratified their first national contract at UPS Freight, the less-than-truckload unit of UPS Inc.
April 8, 2008Diesel Dips 2.5¢ to $3.964
The national average retail diesel price dipped 2.5 cents a gallon last week after six straight increases, the Department of Energy reported, even as gasoline rose 3.1 cents to set a new record high.
April 7, 2008Menlo Boosts Use of SmartWay-Approved Carriers
Menlo Worldwide Logistics, a subsidiary of Con-way Inc., said Thursday it is increasing its use of carriers approved by the U.S. Environmental Protection Agency’s SmartWay program.
April 3, 2008Pacer, BNSF Expand Intermodal Service
Pacer International said it has expanded intermodal services between its Pacer Stacktrain unit and BNSF Railway Co., which will allow it to begin full service on BNSF’s network.
April 2, 2008US1 Reports Lower 4Q, Full-Year Earnings
Logistics firm US 1 Industries said its fourth-quarter net income was $600,000, or 5 cents a share, down from $1.4 million, or 11 cents, a year ago.
April 1, 2008Chicago Manufacturing Index Gains, But Shows Contraction
Manufacturing activity in the Chicago region improved this month, but showed contraction, the National Association of Purchasing Management said Monday.
March 31, 2008