The fourth quarter marked a turnaround for the railroad companies from the lackluster year, according to earnings released last week, but a potentially major shakeup could result in an interesting 2017 for the industry.
January 19, 2017Search
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CSX Reports Lower Earnings In Fourth Quarter But Matches Analyst Forecasts
CSX Corp. reported weaker earnings in the fourth quarter than the same period in 2015, although the freight carrier met analyst estimates compiled by Bloomberg News.
January 17, 2017Railroad Profit Rebound Plays Catch-Up to Yearlong Stock Surge
With U.S. railroads forecast to report their first earnings growth since 2015, a stock rally that began in anticipation of the profit rebound is looking overdone.
January 17, 2017Opinion: Appreciate Truck Drivers Every Day of the Year
National Truck Driver Appreciation Week was Sept. 11–17 last year here in America. It is recognized as a time to honor and acknowledge the nation’s truck drivers for their dedication and hard work and for putting up with extraordinarily challenging working conditions throughout the year.
January 16, 2017Editorial: Salute 20 Ambassadors of Trucking
Please take a moment to note and appreciate something that doesn’t happen nearly often enough. Twenty of our fellow citizens are being lauded with national attention for devotion to their industry, working hard and carefully on a consistent basis over time, in a way that helps to make for a smoothly running society.
January 16, 2017XPO Lands Cummins Logistics Contract
XPO Logistics has won a contract to manage the primary parts distribution center in Memphis, Tennessee, for diversified manufacturer Cummins Inc., XPO said Jan. 11.
January 12, 2017Transportation for Urban Eating: High Demand, High Levels of Difficulty
WASHINGTON — Modern urban life presents special challenges for food transportation and distribution, including constant replenishment of stock to recipients who are often in challenging delivery locations.
January 12, 2017Port of Seattle May Block Sale of Bankrupt Hanjin's Waterfront Operation
The Port of Seattle is objecting to the sale of the operations center at Terminal 46, where bankrupt South Korean shipping company Hanjin is trying to unload its business to one of the world’s largest cargo firms.
January 10, 2017Illinois Town Fights Proposed Intermodal Terminal
In Illinois, Crete Township residents tried to convince Will County officials not to support an overpass, fearing it would pave the way for a proposed intermodal facility that they oppose.
January 9, 2017Intermodal Shipments Drop 1.6% in 2016; Downturn Ends 4 Years of Record Growth
For the first time since 2009, the number of container and trailer units transported on intermodal rail fell on a year-over-year basis, according to 2016 totals from the Association of American Railroads.
January 9, 2017