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.

CSX Corp. shareholders are likely to approve turnaround veteran Hunter Harrison’s demand for a $300 million pay package that the railroad derided as “exceptionally unusual,” according to analysts.

Busy storefronts and an inflation pickup show the world’s largest economy is starting 2017 much the same way it ended 2016: driven by the consumer.

WASHINGTON — 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.

The global shipping industry has urged the European Union to drop the sector's inclusion in proposals adopted Feb. 15 to reform the bloc's carbon market, saying it risks distorting trade and international efforts to cut the sector's emissions.

Plans for a trucking facility in Palmer Township, Pennsylvania, no longer include a school for new drivers.

Third-party logistics companies reported a flurry of quarterly earnings, many with lower profits compared with a year ago.

Intermodal rail traffic grew slightly in the fourth quarter, but it wasn’t enough to reverse a 2.1% decline in total volume for 2016, according to the Intermodal Association of North America.