CSX Corp. is expected to restart talks to install Hunter Harrison as CEO after an activist investor allied with the railroad turnaround veteran softened his demand for board representation, a Citigroup Inc. analyst said.
February 17, 2017EditorialBusinessSafetyTechnologyGovernmentLogistics
Editorial: Young Minds, New Roads
Coming soon to a theater near you: How to build roads and bridges. The American Society of Civil Engineers last week screened a documentary titled, 鈥淒ream Big: Engineering Our World,鈥 which spotlights efforts to encourage young people to pursue careers in engineering. Included in that mix are bridge and road design, fields that 鈥 if recent data are any indication 鈥 will require expertise for years to come.
February 20, 2017BusinessGovernmentSafetyLogisticsFuel
XPO鈥檚 Jacobs Sees E-Commerce as Key to Robust Growth in 2017
KEY BISCAYNE, Fla. 鈥 XPO Logistics Inc. CEO Brad Jacobs won鈥檛 rest on turning a profit with a company that lost money as recently as 2015, telling Transport Topics that he鈥檒l 鈥渄ouble down鈥 on growing on the e-commerce wave through contract logistics, less-than-truckload and last-mile delivery services.
February 20, 2017BusinessLogistics
TFI International Profits Increase in Fourth Quarter
TFI International Inc., formerly known as TransForce, reported net income rose 3.9% in the fourth quarter of 2016, although the gains were slightly lower than the consensus forecast from industry analysts.
February 17, 2017BusinessLogistics
CSX Shareholders Seen Likely to Make Harrison a $300 Million Man
CSX Corp. shareholders are likely to approve turnaround veteran Hunter Harrison鈥檚 demand for a $300 million pay package that the railroad derided as 鈥渆xceptionally unusual,鈥 according to analysts.
February 17, 2017BusinessGovernmentLogistics
New Year, Same Story for US Growth Driven by Consumers
Busy storefronts and an inflation pickup show the world鈥檚 largest economy is starting 2017 much the same way it ended 2016: driven by the consumer.
February 16, 2017GovernmentBusinessSafetyLogisticsFuel
Underinvestment in Freight Infrastructure Will Hurt Economy, Schneider CEO Says
WASHINGTON 鈥 The country's freight transportation network must be modernized and expanded to handle the projected increase in freight volume, Schneider International Inc.'s top executive told a Senate panel Feb. 15.
February 15, 2017BusinessLogistics
Shipping Industry Calls for Exemption from Carbon Market Reform
The global shipping industry has urged the European Union to drop the sector's inclusion in proposals adopted聽Feb. 15 to reform the bloc's carbon market, saying it risks distorting trade and international efforts to cut the sector's emissions.
February 15, 2017BusinessAutonomousGovernmentLogistics
Werner Nixes Driving School in Pennsylvania After Local Outcry
Plans for a trucking facility in Palmer Township, Pennsylvania, no longer include a school for new drivers.
February 14, 2017BusinessLogistics
Tighter Brokerage Margins Crimp 3PL Profits
Third-party logistics companies reported a flurry of quarterly earnings, many with lower profits compared with a year ago.
February 13, 2017