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TransForce Reports Dip in 1Q Income

Canadian transportation firm TransForce Income Fund said Wednesday its first-quarter net income was C$19.1 million, or 22 cents per unit, compared with C$20.9 million, or 24 cents, a year ago.

April 30, 2008

Diesel Gains 3.4¢ to Record $4.177

The national average price of diesel fuel rose to a new record high, gaining 3.4 cents to $4.177 a gallon, the Department of Energy said Monday.

April 29, 2008

Norfolk Southern’s 1Q Income Rises

Eastern freight railroad Norfolk Southern Corp. said its first-quarter profit rose 2%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.

April 22, 2008

C.H. Robinson’s First-Quarter Income Improves

Transportation and logistics firm C.H. Robinson Worldwide’s first-quarter profit rose to $86.3 million, or 50 cents a share, from $73 million, or 42 cents, a year ago.

April 22, 2008

Diesel Continues to Soar, Jumping 8.4¢ to $4.143

The national average price of diesel fuel continued to shatter records Monday, jumping 8.4 cents to $4.143 a gallon, the Department of Energy said.

April 22, 2008

Diesel Average Tops $4 for First Time

Retail diesel surged 10.4 cents to $4.059 a gallon, the first time the national average price has crossed above $4, the Department of Energy reported. Also last week, both the U.S. gasoline average and crude oil prices set new records.

April 21, 2008

Diesel Average Tops $4 for First Time; Oil, Gas at Records

Diesel fuel’s national average price broke the $4 barrier for the first time, jumping 10.4 cents to $4.059 a gallon, the Energy Department said Monday.

April 15, 2008

Bruce Carlton Named NITL President

The National Industrial Transportation League said Bruce Carlton will become the group’s president on June 1. He will succeed interim president Annette Sandberg.

April 10, 2008

Prime Inc. to Buy 1,900 Trailers from Wabash National

Trailer maker Wabash National Corp. said it would sell 1,900 trailers to refrigerated carrier Prime Inc.

April 8, 2008

BNSF Idles Freight Cars Due to Downturn

Freight railroad BNSF Railway Co. is parking miles of rail cars in some parts of the country because there is not enough freight to keep them moving, the Associated Press reported Monday.

April 7, 2008