Shortly after Donald Trump was elected president Nov. 8, the stock prices of a slew of shipping companies soared by more than 1000% on hopes that commodity prices would rise and U.S. manufacturing would rebound, spurring a surge in shipments of everything from iron ore to computer parts.
March 14, 2017Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Sen. Schumer Calls for Increased Freight Railroad Safety
The freight train derailment on the Newburgh and New Windsor waterfront March 7 was just one of several making news across the country during the week of March 13.
March 13, 2017Editorial: An End for a Rule That Didn’t Work
The great detective knew the game was afoot when he learned of the dog that didn’t bark.
March 13, 2017Expectations High as Harrison Assumes Leadership of CSX
CSX Corp. appointed E. Hunter Harrison to its CEO post and, based on his success at other railroads, analysts predict he will turn the sprawling, underperforming, historic Class I railroad into one that is faster and more punctual, with better service and higher rates.
March 13, 2017Engineers Give D+ Grade to US Infrastructure — Again
WASHINGTON — The country’s infrastructure again received a near-failing grade from the American Society of Civil Engineers, highlighting a lack of improvement four years after the group’s last assessment.
March 13, 2017Schneider, CSX Transportation Agree on New Rail Contract
Schneider National Inc. has agreed to a new multiyear agreement with CSX Transportation Inc., under which the railroad will continue to serve as one of the truckload and intermodal carrier's primary rail providers.
March 10, 2017XPO Logistics Inks Deal With Gower Furniture
XPO Logistics has secured a multimillion-pound, long-term agreement with Gower Furniture, a supplier of kitchens to the trade and retail sectors in the United Kingdom, XPO announced March 6.
March 8, 2017Is a CEO Worth $200 Million? Shareholders at Rail Giant Think So
Is superstar railroad executive Hunter Harrison worth a $200 million pay package? For that matter, is any CEO worth that?
March 6, 2017CSX Is Said Near Deal to Name Harrison CEO
CSX Corp. may install Hunter Harrison as chief executive officer as early as the week of March 6 as the railroad and an activist shareholder move closer to ending an impasse over Harrison’s pay package, people familiar with the matter said.
March 3, 2017Editorial: Week Spent Looking to the Future
Conference halls from coast to coast were teeming with talk of transportation last week, with no shortage of prognostications from industry leaders about what the future holds.
March 6, 2017