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CSX Reports Declines in First-Quarter Earnings, Revenue

CSX Corp. on April 22 announced a first-quarter earnings drop of 8% to $770 million, or $1 per share, compared with $834 million, or $1.02, in the same quarter of 2019.

April 27, 2020

Port Authorities Commit to Stay Open Amid Coronavirus Pandemic

Twenty port authorities in Asia, Europe, the Middle East and North America signed a declaration committing to stay open amid the coronavirus pandemic.

April 27, 2020

Schneider Partners With Overhaul to Improve Freight Visibility and Security

Schneider National is aiming to improve freight visibility options and security by partnering with Overhaul, the company announced April 21.

April 27, 2020

Canadian Pacific Reports Lower Net Income, Robust Revenue in Q1

Canadian Pacific reported reduced first-quarter earnings April 21 as the railroad’s revenue was up 15.6% to C$2.04 billion compared with $1.77 billion in the same quarter a year ago.

April 27, 2020

Union Pacific Reports Strong Q1 Earnings

Union Pacific Corp. reported first-quarter earnings that outpaced Wall Street expectations, even as its quarterly revenue dipped.

April 27, 2020

Meat Supply Threats Grow With First Brazil Shutdown

It’s no longer just the U.S. that’s facing a meat scare. Top exporter Brazil is seeing its first plant shutdown, meaning the coronavirus is now snarling supplies from arguably the world’s most critical producer.

April 24, 2020

Midwest States Join Forces on COVID-19 Response

In response to the coronavirus pandemic, members of the Mid America Association of State Transportation Officials have collaborated to ease restrictions on freight haulers.

April 24, 2020

Amazon Sales Curbs in France Stay as Judges Put Safety First

Amazon .com Inc. lost its fight to be able to sell the whole range of its products in France after failing to convince judges it had taken measures to protect workers from the coronavirus.

April 24, 2020

Echo Global Suffers $2.9 Million Loss in Q1

Echo Global Logistics swung to a loss in the first quarter as it faced pricing pressures and the early financial effects of the coronavirus pandemic.

April 23, 2020