CSX Corp. reported fourth-quarter net income fell 5% to $466 million, or 48 cents per share, and announced that this year’s earnings are expected to trail 2015.
January 13, 2016Search
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Ceva Appoints Lorrain to Head New Ground Transportation Business
Ceva Logistics has appointed Jerome Lorrain chief operating officer of its newly created ground transportation business line, which will operate alongside its air, ocean and contract logistics services.
January 15, 2016
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
CSX to Build East Coast Intermodal Hub in North Carolina
Railroad behemoth CSX on Jan. 14 said it would make Johnston County, North Carolina, an East Coast hub for shipping and receiving cargo containers.
January 14, 2016Infinity Logistics Expands Routes Linking Pacific Northwest With Miami, Toronto
Infinity Transportation Logistics, which provides refrigerated intermodal services, has announced the addition of new routes linking the Pacific Northwest with Miami and Toronto.
January 12, 2016CSX Names Piacente to Lead Intermodal Unit
CSX Corp. named Dean Piacente as vice president of intermodal to replace William Clement, who has left the railroad, and also announced other management changes.
January 12, 2016Transervice Announces Southern California Freight Management Business
Transervice Logistics Inc. has created Transervice Integrated Solutions, a freight-management business operating in Southern California, to provide brokerage services and to help companies fill backhauls.
January 12, 2016XPO Units Face New Worker Classification Suit
A California law firm has asked a state court to certify a class action suit against Pacer Cartage and two other XPO Logistics businesses, claiming that the carriers misclassified drivers as independent contractors in the latest such case in the nation’s largest state.
January 12, 2016Rep. Doris Matsui Headlines UC Davis’ Freight Discussion on Capitol Hill
Rep. Doris Matsui (D-Calif.) will share her perspective on the economic benefits realized when freight corridors are improved at an event hosted by the National Center for Sustainable Transportation on Jan. 12 on Capitol Hill.
January 11, 2016Intermodal Cargo Falls in 4Q for First Time Since 2009
Intermodal freight in the fourth quarter declined for the first time since 2009 on a year-over-year basis, industry experts said, hurt by factors such as low fuel prices that helped competing truckers, a weaker economy and elevated inventories.
January 11, 2016Canada Trucking Chief David Bradley Plans to Step Down at End of 2017
David Bradley, president of both the Canadian Trucking Alliance and the Ontario Trucking Association, announced on Jan. 8 that he will leave his posts at the end of 2017.
January 8, 2016