Railroad giant CSX Corp. has struck a new deal to help settle rival Norfolk Southern Railway’s objections to its delayed plan to take over almost 1,200 miles of New England railways.
July 7, 2021Search
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Western Fires Halt Hundreds of Canada Railcars, Slowing Exports
Hundreds of railcars have been halted by wildfires that damaged tracks in western Canada during the region’s severe heat wave, creating a bottleneck of exports and delaying imports.
July 7, 2021Amazon Begins New Chapter as Jeff Bezos Hands Over CEO Role
NEW YORK — Amazon founder Jeff Bezos stepped down as CEO on July 5, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic.
July 6, 2021Trade Deficit Increased to Second Biggest on Record in May
The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports.
July 2, 2021LTL Trucking Enters Summer With Strong Tailwinds
The less-than-truckload sector is moving through summer with strong tailwinds at its back, experts say.
July 1, 2021Port Operator DP World Buys Syncreon in $1.2 Billion Deal
One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.
July 1, 2021Vermont Officials Continue Effort to Keep Trucks Out of Smugglers’ Notch
Vermont transportation officials are leading an effort to keep large commercial vehicles out of Smugglers’ Notch, a twisting mountain pass on which numerous truckers have gotten stuck over the years.
July 1, 2021Amazon Says Its Carbon Footprint Grew 19% Last Year
Amazon said June 30 that its carbon footprint grew 19% last year as it rushed to deliver a surge of online orders during the pandemic.
July 1, 2021DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon
DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.
June 30, 2021White House Sets Red Line Around Climate Goals in Reconciliation
Major climate measures sought by the White House that were left on the cutting room floor during infrastructure negotiations with Republicans will be non-negotiable items as the administration sets its sights on the next legislative vehicle, a White House official said June 30.
June 30, 2021