CSX’s stock rose slightly Dec. 18 despite the death of the man who had been hired to bring the railroad new profitability.
December 19, 2017Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
CSX Stock Stabilizes Days After Death of CEO
UPS, FedEx Say Holiday Shipping Not Delayed by Atlanta Airport Outage
The fire that knocked out power and shut down the world’s busiest airport shouldn’t delay holiday package deliveries, two of the nation’s biggest shippers said Dec. 18.
Record Travel Projected for Christmas, New Year’s Holidays
As the Christmas song goes, “Gee, the traffic’s sure terrific.” In fact, travel experts say they believe the final holiday travel period of the year — Dec. 23 through midnight New Year’s night — will set a new record.
December 18, 2017CSX Caught Mid-Revolution by Death of Rail-Legend Harrison
With CEO Hunter Harrison’s death on Dec. 16, CSX Corp. lost the guiding hand of a railroading legend who added almost $17 billion in value in less than a year.
UPS Chief Touts Alaska Role in Asia Trade Route
UPS International President Jim Barber told an Anchorage, Alaska, group the right timing for his first trip to Alaska had come for a number of reasons, including the hub’s expanding importance in connecting to China and Asian-Pacific communities.
US Postal Service Grappling With Record Shipments This Holiday Season
Shipping services working around the clock to handle record package numbers this holiday season.
FedEx, UPS Want to Steer Santa’s Packages to the Local Drugstore
It’s that time of year again when online shopping surges and package deliveries soar -- along with costs and customer expectations.
Hardworking Drivers Key to UPS Delivering 750 Million Packages This Holiday Season
Technology has made it easier than ever to buy gifts online and track the spoils of your spending spree as they make their way from retailers’ warehouses to your doorstep in time for the holidays.
Target to Buy Shipt for $550 Million in Challenge to Amazon
Target Corp. agreed to purchase grocery-delivery startup Shipt Inc. for $550 million, stepping up its challenge to Amazon.com Inc. by speeding the rollout of same-day shipping.
CSX CEO Hunter Harrison Takes Medical Leave
Hunter Harrison has taken a medical leave from his position as CEO and president of CSX, the company announced Dec. 14. The railroad gave no details other than saying the leave was due to “unexpected complications from a recent illness.”