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Logistics News
Business, Logistics

Norfolk Southern Reports Record 2Q Earnings

Norfolk Southern Corp. on July 25 reported record second-quarter earnings.

Dan Ronan | Senior Reporter
July 25, 2018
Government, Logistics, TCA

Traffic Jams Can’t Be Prevented, Says Washington State Transportation Chief

Highways won’t cure Washington state’s traffic woes and preventing congestion is impossible, said Roger Millar, head of the Washington state Department of Transportation.

Nicholas Deshais | The Spokesman-Review (Spokane, Wash.)
July 25, 2018
Business, Logistics, Top 100

UPS Reports Steady 2Q Income, Revenue

UPS Inc. reported solid second-quarter growth in revenue and profits despite charges taken for its voluntary retirement plan and efforts to upgrade the firm.

Burney Simpson | Staff Reporter
July 25, 2018
Business, Logistics

CIT Group Plans to Expand Capital Equipment Finance Team

In an effort to expand its leasing and financing solutions to all stages of the supply chain, CIT Group Inc. said July 19 it is creating a Logistics Finance unit within its existing Capital Finance Business division.

July 24, 2018
Business, Logistics

CN Rail Taps Interim Boss as CEO After Network Logjams Ease

Canadian National Railway Co. named Jean-Jacques Ruest as president and chief executive officer, four months after he took over as interim leader.

Frederic Tomesco | Bloomberg News
July 24, 2018
Government, Business, Logistics

Mexico Is Said to Push for NAFTA Agreement by End of August

Mexico is redoubling its efforts to reach a NAFTA agreement with the U.S. and Canada by the end of August to increase certainty for investors and take the heat off incoming President Andres Manuel Lopez Obrador, according to three people familiar with the negotiations.

Eric Martin | Bloomberg News
July 23, 2018
Business, Logistics

Rare Hedge Fund Bet Targets the World’s Biggest Shipping Firm

A.P. Moller-Maersk A/S is in an unusual place this year as the world’s biggest shipping company finds itself the target of an attack by hedge funds.

July 23, 2018
Government, Business, Logistics

Capitol Agenda for the Week of July 23: Come for the Plan, Stay for the Hope

Transportation Secretary Elaine Chao says hope is not lost for an intrastructure plan. Here's a look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
July 23, 2018
Government, Business, Logistics, TCA

Missouri Sen. Claire McCaskill Pushes Back on Privatizing Postal Service

Restructuring the federal government to make it more efficient and accountable is an idea Missouri Sen. Claire McCaskill says she can get behind.

Ken Newton | St. Joseph (Mo.) News-Press
July 20, 2018
Government, Business, Logistics, TCA

Freight Trains Get Go-Ahead to Travel Closer to Light Rail Line in Minneapolis

A major roadblock in Minneapolis involving how its Southwest light rail and freight trains operate close to one another has been resolved, freeing local transit planners to apply for nearly $1 billion in federal funds to help pay for the project.

Janet Moore | Star Tribune (Minneapolis)
July 20, 2018
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