U.S. intermodal traffic rose 1.6% for the week ended Saturday from a year ago, the Association of American Railroads said.
April 20, 2012BusinessFuel
Diesel Price Falls by 2.1瞽 to $4.127, While Gasoline Drops 1.7瞽 to $3.922
Retail diesel prices fell 2.1 cents a gallon to $4.127 last week, the U.S. Department of Energy reported, continuing a recent pattern of modest cost fluctuation after sharp increases earlier in the year.
April 23, 2012BusinessFuel
More Companies Reach Hot Fuel Settlements
Three more companies have agreed to settle lawsuits related to hot fuel gasoline and diesel that is not adjusted by volume to account for temperature the Kansas City Star reported.
April 20, 2012BusinessSafetyTechnologyGovernmentEquipment
Roadrunner Purchases Flatbed Carrier
Roadrunner Transportation Systems said it has purchased D&E Transport, an asset-light flatbed carrier, for $11.2 million.
April 20, 2012BusinessLogistics
Forward Airs 1Q Income Rises
Forward Air Corp.s first-quarter net income rose to $10.3 million, or 35 cents a share, from $7.9 million, or 27 cents, a year ago.
April 20, 2012BusinessLogistics
Hub Group Reports Record 1Q Profit
Hub Group said its first-quarter income jumped 30% on higher intermodal and logistics revenue.
April 20, 2012Business
TT Associate Publisher Paul Rosenthal Dies at 54
Paul Rosenthal, associate publisher of marketing and circulation for Transport Topics Publishing Group, died suddenly on April 16 from natural causes. He was 54.
April 20, 2012BusinessSafetyGovernment
Swift Posts Higher First-Quarter Profit
Swift Transportation on Thursday said its first-quarter profit rose from a year ago on higher revenue.
April 19, 2012Business
USA Trucks 1Q Loss Widens
USA Truck reported a first-quarter loss, citing a sharp increase in its unmanned tractor count.
April 19, 2012BusinessLogistics
Union Pacifics 1Q Earnings Jump 35%
Union Pacific Corp. said Thursday its first-quarter profit rose 35%, boosted by higher intermodal revenue.
April 19, 2012