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TransForce Reports Lower Third-Quarter Earnings

Canadian transportation firm TransForce Income Fund said Wednesday its third-quarter earnings declined, due in part to a slowdown in truck volumes.

October 24, 2007

Hub Group Reports Higher 3Q Profit

Third-party logistics company and freight broker Hub Group’s third-quarter profit rose 23%, despite a drop in revenue and intermodal volume.

October 23, 2007

General Freight to Use TMWSuite

Third-party logistics firm General Freight Systems said it will begin using the TMWSuite software platform as part of a companywide technology upgrade.

October 22, 2007

Crude Oil Nears $90 a Barrel; Diesel Fuel Inches Up to $3.039

The national average retail price of diesel fuel rose 0.4 cent to $3.039 a gallon last week, the Department of Energy reported, and analysts were predicting additional increases as crude oil prices neared an un-precedented $90 a barrel.

October 21, 2007

Union Pacific Reports Record 3Q Revenue

Union Pacific Corp. said Thursday its third-quarter earnings jumped 27% to $532 million or $2 a share, from $420 million or $1.54 a year ago.

October 18, 2007

CSX’s Third-Quarter Income Rises

Eastern freight rail line CSX Corp.’s third-quarter earnings jumped 24% from a year earlier, the railroad said late Tuesday.

October 17, 2007

China Trucking Panel Set for MCE

Opportunities in trucking and logistics in China’s burgeoning economy will be the subject of a panel discussion at American Trucking Associations’ annual meeting in Orlando, Fla., next week.

October 19, 2007

Ryder Completes Canadian Acquisition

Ryder System said Wednesday it completed its acquisition Pollock NationaLease, one of the largest privately owned commercial truck leasing and rental companies in Canada, as well as Pollock's logistics operations.

October 10, 2007

CTA Calls for ‘Collaborative Strategy’ for SoCal Ports

The California Trucking Association said it is advocating a “collaborative strategy” with Southern California port officials to develop an alternative plan for trucks to meet emission goals.

October 9, 2007