Norfolk Southern Corp. said its fourth-quarter profit rose 13% on higher shipping costs, though its intermodal business declined.
January 28, 2009Business, Logistics
Vitran Opens Southern Calif. 3PL Facility
Vitran Logistics has opened a distribution center in Ontario, Calif., in order to serve Sam’s Club, the company said.
February 2, 2009Government, Business, Logistics
Chicago Manufacturing Index Declines
Manufacturing activity in the Chicago region contracted in January for a fourth straight month, the National Association of Purchasing Management said Wednesday.
January 30, 2009Government, Business, Logistics
Norfolk Southern’s 4Q Profit Improves
Business, Safety, Government, Logistics
C.H. Robinson’s 4Q Income Rises
Transportation and third-party logistics firm C.H. Robinson Worldwide said its fourth-quarter profit rose to $88.9 million, or 52 cents a share, from $85.3 million, or 49 cents, a year ago.
January 27, 2009Fuel, Business, Logistics, Government
Diesel Drops 2.8¢ to $2.268
Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.
January 27, 2009Business, Government, Logistics
Canadian Railroads’ 4Q Earnings Decline
Canada’s two major freight railroads reported lower fourth-quarter earnings on lower freight demand.
January 27, 2009Business, Logistics, Government
Existing ºÚÁϳԹÏÍø Sales Rise in November
Existing homes sales increased 6.5% in November, while the median price of a home fell 15% from the same month last year, the biggest drop on record, the National Association of Realtors said Monday.
January 26, 2009Business, Logistics, Government
Gas Gains 8¢ in Two Weeks to $1.86, Lundberg Says
Gasoline’s national average price rose 8 cents over the two weeks ended Friday to $1.86 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
January 26, 2009Business, Logistics
Union Pacific’s 4Q Profit Jumps 35%
Union Pacific Corp. said Thursday its fourth-quarter profit rose 35% to $661 million, or $1.31 per share, from $491 million, or 93 cents per share, last year.
January 22, 2009Business, Safety, Government, Logistics
CSX’s Fourth-Quarter Income Slips
CSX Corp. said its fourth-quarter profit fell from a year ago, largely due to a non-transportation-related writedown.
January 21, 2009