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Diesel Drops 5.1¢ to $2.847

Diesel fuel’s national average pump price dropped 5.1 cents off an 11-month high to $2.847 a gallon, the Energy Department reported Monday.

August 14, 2007

Contrans' Earnings Fall in 2Q

Canadian firm Contrans Income Fund’s second-quarter income dropped to C$1.5 million or 5 cents a unit, from C$10.3 million or 36 cents a year ago.

August 8, 2007

TransForce Posts Lower 2Q Profit

Canadian transportation firm TransForce Income Fund said late Wednesday it earned C$26.3 million or 31 cents a share in the first quarter, down from C$34.9 million or 40 cents a year earlier.

August 8, 2007

Mullen Group's Profits Sink in Second Quarter

Canadian transportation firm Mullen Group Income Fund said its second-quarter profit plunged 57.3% to C$16.6 million or 21 cents a share, from C$38.9 million or 64 cents a year earlier.

August 8, 2007

CSX Transportation, Kentucky to Cooperate on Rail Security

Freight railroad CSX Transportation said it has entered into an agreement with the state of Kentucky under which state law enforcement officials will be able to track the location of CSX trains and monitor the contents of the carrier’s railcars.

August 8, 2007

Pacer's Earnings Decline in 2Q

Transportation and third-party logistics firm Pacer International on Wednesday said its second-quarter net income fell 13.8% to $12.5 million or 34 cents a share, from $14.5 million or 38 cents a year ago.

August 8, 2007

Diesel Rises 1.2 Cents to $2.898 a Gallon

The national average price of diesel fuel rose to its highest level this year, climbing 1.2 cents to $2.898 a gallon, the Department of Energy reported Monday.

August 7, 2007

Penske to Manage European Supply Chain for Bombardier

Penske Logistics has been selected as the lead logistics provider for Bombardier Transportation’s European operations, the company said Monday.

August 6, 2007

TransForce to Purchase Canadian Courier

Canadian transportation firm TransForce Income Fund said Thursday it will purchase Century II Holdings, the parent company of Toronto-based ICS Courier.

August 3, 2007