Navistar International Corp. will scale back production and could lay off as many as 500 workers at its Ontario, Canada, truck plant, the Canadian Press reported Thursday.
November 6, 2008Search
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Mullen’s Third-Quarter Income Slips
Canadian transportation firm Mullen Group Income Fund said Thursday its third-quarter profit slipped to C$36.2 million, from C$38 million a year ago, while earnings per unit held at 45 cents.
November 6, 2008Expeditors’ 3Q Income Improves
Logistics firm Expeditors International of Washington said its third-quarter net income rose 15% to $85.5 million, or 39 cents a share, from $74.3 million, or 34 cents, a year ago.
November 4, 2008TransForce Reports Lower 3Q Income
Canadian transportation firm TransForce Inc. said its third-quarter net income slipped to C$26.5 million, or 31 cents per unit, from C$28.5 million, or 33 cents, a year ago.
November 3, 2008Diesel Falls Another 20¢ to $3.088
Diesel fuel’s national average pump price continued its almost four-month decline, dropping 20 cents to $3.088 a gallon, the Energy Department said Monday.
November 4, 2008NTSB Adds EOBRs to ‘Most Wanted’ List
The National Transportation Safety Board has added mandatory use of electronic onboard recorders to its annual list of “most wanted†safety reforms.
October 31, 2008Maritime Commission to Challenge SoCal Ports’ Trucks Program
The Federal Maritime Commission voted to seek a court order to stop parts of the southern California ports of Los Angeles and Long Beach’s clean trucks program, the Associated Press reported.
October 30, 2008Pacer’s 3Q Income Rises 52%
Transportation and third-party logistics firm Pacer International’s third-quarter profit rose 52% to $20.4 million, or 59 cents a share, from $13.4 million, or 38 cents, a year ago.
October 29, 2008Gasoline Plunges 53¢ in Two Weeks, to $2.78 a Gallon, Lundberg Says
The national average price of regular gasoline plunged 53 in the two weeks ended Friday to $2.78 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
October 27, 2008Diesel Tumbles 19.4¢ to $3.288; Gas Plunges 25.8¢ to $2.656
Diesel’s national average pump price fell for the 14th time in 15 weeks, declining 19.4 cents to $3.288 a gallon, its lowest price since February, the Department of Energy said Monday.
October 28, 2008