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BusinessSafetyGovernmentLogistics

DOT Budget Proposes $4 Billion for New Infrastructure Bank

The Obama administration last week proposed a $4 billion 鈥渄own payment鈥 on a national infrastructure bank to supplement traditional highway funding, as part of its $78.8 billion budget proposal for the Department of Transportation.

February 8, 2010
BusinessSafetyGovernmentLogistics

Opinion: Truck Driver Training: The Reality

We almost made it through 2009 without another national news expos茅 of the trucking industry, but then came November and December. This time, the focus was on truck driver training and motor carrier employment practices.

February 4, 2010
BusinessSafetyGovernmentLogistics

C.H. Robinson鈥檚 4Q Profit Declines

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $87.7 million, or 52 cents a share, down slightly from $88.9 million, or 52 cents a share, a year ago.

February 2, 2010
BusinessLogisticsFuelGovernment

Diesel Drops 5.2垄 to $2.781 in Third Straight Decline

Diesel鈥檚 national average price fell 5.2 cents to $2.781 a gallon, matching the biggest drop in six months, the Department of Energy said Monday.

February 2, 2010
BusinessLogistics

Hub Group鈥檚 4Q Earnings Slide

Logistics, intermodal and brokerage firm Hub Group鈥檚 fourth-quarter profit fell to $10 million, or 26 cents a share, from $14.2 million, or 38 cents, a year ago.

January 29, 2010
BusinessLogistics

Canadian Pacific鈥檚 4Q Profit Grows 3%

Canadian freight railroad Canadian Pacific鈥檚 fourth-quarter net income grew 3% to C$194.1 million, or C$1.15, from C$188.1 million, or C$1.21, a year earlier, Reuters reported.

January 28, 2010
GovernmentBusinessLogistics

Kansas City Southern鈥檚 4Q Profit Falls

Kansas City Southern said Thursday it earned $32 million, 33 cents a share, in its fourth quarter, compared with $36.4 million, or 40 cents, the previous year.

January 28, 2010
BusinessLogistics

Norfolk Southern鈥檚 4Q Profit Drops 32%

Norfolk Southern Corp. reported that its fourth-quarter profit fell 32% from a year ago.

January 27, 2010
BusinessLogistics

CN Reports Higher 4Q Profit

Canadian National Railway Co. said its fourth-quarter net income rose to C$582 million, or $1.23 per share, from C$573 million or C$1.21 per share a year earlier.

January 26, 2010
BusinessLogisticsFuelGovernment

Diesel Falls 3.7垄 to $2.833 in Second Straight Decline

Diesel鈥檚 national average price fell 3.7 cents to $2.833 a gallon, the biggest single-week decline since July, the Department of Energy said Monday.

January 26, 2010

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