Business, Logistics

New Norfolk Southern CEO Calls Last 18 Months ‘Brutal’

Norfolk Southern CEO Mark George says the railroad is ready for a fresh start after a painful 18-month period involving a derailment, an activist proxy fight and the ouster of his predecessor.

Brooke Sutherland | Bloomberg News
September 13, 2024
Business, Logistics

Analysis: UPS Makes Shareholders Wait to Celebrate

UPS Inc. is doing right by President Donald Trump’s standards, but that’s hardly what shareholders want to see right now.

Brooke Sutherland | Bloomberg News
February 1, 2018
Government, Business, Logistics

Analysis: FedEx’s Good News Could Get Big League

FedEx Corp.’s delivery truck is heading in the right direction, but the turbo-charge from Uncle Sam won’t hurt. The $65 billion company reported earnings after the close of trading on Dec. 20, besting analysts’ quarterly estimates and raising its full-year outlook.

Brooke Sutherland | Bloomberg News
December 21, 2017
Business, Logistics

Analysis: CSX Profit Chugs Along, but Could Come at a Price

CSX Corp. investors who endorsed a massive pay package to bring railroad wunderkind Hunter Harrison on board as CEO are already seeing the payoff. The question is, at what cost?

Brooke Sutherland | Bloomberg News
July 19, 2017
Business, Government, Safety

Analysis: FedEx Earnings and the Amazonian Elephant

Despite the excellent results, FedEx Corp. management still had to answer questions about the e-commerce giant and the potential for it to encroach on the package shipper's territory as Amazon makes plans to build out its own delivery capabilities.

Brooke Sutherland | Bloomberg News
March 18, 2016
Business

Analysis: Amazon-FedEx — Crazy or Worth Considering?

Amazon.com Inc.'s aspirations of building a global logistics operation have spurred rumblings about whether a takeover of FedEx Corp. may be a cheaper and swifter means to an end. Is there merit to the idea?

Brooke Sutherland | Bloomberg News
February 17, 2016
Business

Analysis: FedEx, UPS Holders Shrug at Amazon's Big Shadow

Typically, the news of an Internet giant such as Amazon becoming a potential competitor sends stocks tumbling. And so it probably wouldn't have been surprising to anyone had UPS and FedEx taken a dive on a Bloomberg News report Feb. 9 that Amazon is setting its sights on the shipping industry.

Brooke Sutherland | Bloomberg News
February 10, 2016