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News

Patriot’s Fiscal 1Q Earnings Decline

Tank and bulk carrier Patriot Transportation Holding’s fiscal first-quarter net income fell 23.5% to $1.34 million, or 43 cents per share, from $1.7 million, or 56 cents, a year ago.

C.H. Robinson’s 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.

Patriot’s Fourth-Quarter Earnings Decline

Tank and bulk carrier Patriot Transportation Holding’s fiscal fourth-quarter net income fell 68% to $999,000, or 32 cents per share, from $3.2 million, or $1.02, a year ago.

Canadian National Engineers Strike

Canada-based locomotive engineers for Canadian National Railway Co.

Diesel Drops 1.2¢ to $2.775 in Fourth Straight Decline

Diesel fuel’s national average fell for the fourth straight week, declining 1.2 cents to $2.775 a gallon, the Department of Energy reported.