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Diesel Drops Another 1.9¢; Gas Soars to Record $3.103

Diesel’s national average pump price dipped 1.9 cents to $2.773 a gallon, while gasoline jumped 4.9 cents to an all-time record $3.103, the Department of Energy said Monday.

May 15, 2007

Clarke Sets 2-for-1 Stock Split

Canadian holding company Clarke Inc. said Thursday its first-quarter earnings improved, and the company’s board approved a 2-for-1 stock split.

May 10, 2007

U.K. Hedge Fund Seeks Rail Returns

A British hedge fund that owns shares of U.S. railroads Union Pacific Corp. and BNSF Railway, in addition to its previously disclosed holdings of CSX Corp., wants better returns from its U.S. rail holdings, Bloomberg reported.

May 10, 2007

U.S. Firm Buying Canada Cartage

A U.S. private-equity firm will buy trucking company Canada Cartage for C$140 million, the Canadian Press reported Friday.

May 4, 2007

Pacer’s Income Falls 41%

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, 2007

Contrans’ 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, 2007

Diesel 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, 2007

TransForce’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, 2007

C.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, 2007