Latest News Updates From Thomas Black

Business, Logistics

CSX Profit Meets Estimates as Crude-by-Rail Fallout Looms

CSX Corp. matched analysts’ profit estimates as the U.S. economic recovery boosted demand for consumer goods moved by rail while crude shipments kept growing amid the global rout in prices.

January 14, 2015
Fuel

Oil Rout Puts $24 Billion of Truck Fuel Savings in Play

As shippers of everything from toys to tools enjoy as much as $24 billion in savings from lower diesel surcharges next year, trucking companies see an opening to raise freight rates at a pace not seen in about a decade.

December 11, 2014