Kansas City Southern’s Fourth-Quarter Profit Improves
Kansas City Southern railroad said Tuesday it earned $35.7 million or 41 cents a share in the fourth quarter, compared with earnings of $2.3 million or 3 cents a year earlier.
February 6, 2007Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
FedEx Integrates LTL Units Into U.S., Canadian Operations
FedEx Corp. said Monday it has integrated its 2006 acquisition of Watkins Motor Lines into its less-than-truckload network in the United States and Canada.
February 5, 2007Canadian For-Hire Companies’ Revenue Rose in 2Q ’06
There were an estimated 3,336 for-hire trucking companies based in Canada with annual revenues of $1 million or more in the second quarter of 2006, almost unchanged from the same quarter in 2005, Statistics Canada said Thursday.
February 1, 2007Target Logistics’ Fiscal Second-Quarter Income Dips
Freight forwarder Target Logistics’ fiscal second-quarter profit fell to $590,000 or 3 cents a share, from $976,000 or 5 cents in the previous second quarter.
February 1, 2007January Chicago Manufacturing Index Shows Contraction
The National Association of Purchasing Management-Chicago’s manufacturing index fell in January to the first contraction since April 2003, NAPM said Wednesday.
January 31, 2007C.H. Robinson’s Fourth-Quarter, Full-Year Income Show Gains
Transportation and logistics firm C.H. Robinson Worldwide's 2006 net income rose to $266.9 million or $1.53 a share, up from $203.4 million or $1.16 in 2005.
January 30, 2007Canadian Pacific Reports Higher Fourth-Quarter Income
Canadian freight railroad Canadian Pacific’s fourth-quarter net income was C$145.6 million or 92 cents a share, up from $137.1 million or 86 cents a year earlier.
January 30, 2007Schneider Reports Higher Revenue for 2006
Truckload carrier Schneider National said Thursday it had $3.7 billion in revenue last year, up from $3.4 billion in 2005.
January 25, 2007Existing Home Sales Drop in December
Existing home sales fell 0.8% in December and purchases for the year fell by the most since 1989, the National Association of Realtors said Thursday.
January 25, 2007Union Pacific’s Income, Revenue Jump for 4Q, Full Year
Western freight railroad Union Pacific Corp. said Thursday its fourth-quarter profit jumped to $485 million or $1.78 a share, from $296 million or $1.10 cents for the same quarter a year earlier.
January 25, 2007