Transportation and third-party logistics firm Pacer International’s first-quarter net income plunged 41% to $14.4 million or 15 cents a share, from $24.4 million or 36 cents a year ago.
May 4, 2007Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
TIA Says Customs to Expedite Request for Logistics Firms to Join C-TPAT
By Dan Leone, Staff Reporter
May 2, 2007Contrans’ 1Q Income Dips
Canadian firm Contrans Income Fund’s first-quarter income dropped to C$8.1 million or 28 cents a unit, from C$9.7 million or 34 cents a year ago.
May 1, 2007Diesel Price Falls 2.6¢ to $2.851
The national average price of retail diesel slipped 2.6 cents to $2.851 a gallon last week, its first decline after three straight increases.
April 30, 2007TransForce’s Income Dips
Canadian transportation firm TransForce Income Fund said Tuesday it earned C$20.9 million or 24 cents a share in the first quarter, down from C$22.1 million or 27 cents a year earlier.
April 24, 2007C.H. Robinson’s Profit Improves
Transportation and logistics firm C.H. Robinson Worldwide said its first-quarter net income jumped 25.6% to $73 million or 42 cents a share, up from $58.1 million or 33 cents a year ago.
April 24, 2007Diesel Drops 2.6¢ to $2.851
The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.
April 24, 2007Exec Downplays Rail Takeovers
Norfolk Southern Corp. Chief Executive Officer Charles “Wick” Moorman told the Surface Transportation Board that buyout firms probably will not try to acquire major U.S. railroads because of opposition by rail management, Bloomberg reported.
April 12, 2007Pacer Sets Debt-Removal Plan
Transportation and third-party logistics firm Pacer International said Monday it has successfully completed the refinancing of its existing long-term debt.
April 9, 2007Pacer Lowers ’07 Guidance
Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.
April 5, 2007