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Opinion: To Survive a Tough Economy — Focus

A shroud of insecurity continues to linger on the U.S. economy, with many trucking and logistics providers tending to the wounds of 2008 and preparing for the uncertainty still looming over the rest of 2009.

May 8, 2009

Wabash Makes 790 Layoffs Permanent

Wabash National Corp. has told the 790 workers it laid off in January that it does not expect to call them back, the Associated Press reported Saturday.

May 4, 2009

Diesel Falls 1.6¢ to $2.185

The national average price of diesel fuel fell for a third consecutive week, dropping 1.6 cents to $2.185, the Department of Energy said.

May 5, 2009

Kansas City Southern Reports 1Q Loss

Kansas City Southern said Thursday it lost $7.5 million, 8 cents a share, in its first quarter, compared with a profit of $32.9 million, or 39 cents, a year ago.

April 30, 2009

Mullen’s First-Quarter Income Drops

Canadian transportation firm Mullen Group Income Fund said its first-quarter profit dropped 37.8% to C$31 million or 38 cents per unit, from C$49.8 million, or 62 cents per unit, a year ago.

April 29, 2009

McLeod Acquires Logistics Software Firm

McLeod Software said Wednesday that it had purchased Intergrated Logistics Execution Network Systems, or iLENS, a logistics software company.

April 29, 2009

Gasoline Dips to $2.05, Lundberg Survey Reports

The national average price of regular gasoline fell by less than a penny over the past two weeks to $2.05 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

April 27, 2009

Diesel Drops 2¢ to $2.201

The national average price of diesel fuel fell for a second straight week, dropping 2 cents to $2.201 a gallon, the Department of Energy said Monday.

April 28, 2009

Shippers Oppose Petition By Union Pacific Seeking STB Permission to Decline Hazmat

Union Pacific Corp.’s petition seeking Surface Transportation Board permission to limit the railroad’s common carrier freight-hauling responsibilities has elicited a common response from nearly all other interested parties: Absolutely not.

April 27, 2009