CSX’s net income increased to $509 million, or 51 cents a share, from $455 million, or 45 cents, a year earlier.
October 15, 2014
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Logistics News
Business, Logistics
CSX's Income Rises to $509 Million
Business, Government, Safety, Logistics
Conflicting Decisions on Proper Classification of Contractors Could Wind Up in Supreme Court
Conflicting appeals and state court and National Labor Relations Board decisions on when independent contractors should be reclassified as employees ultimately could help persuade the U.S. Supreme Court to review the controversial issue that some carriers say threatens the contractor business model.
October 13, 2014Business, Government, Safety, Logistics, Autonomous
Extensive Travels Prepared Long For Helm of Trucking Federation
RALEIGH, N.C. — Duane Long has run everything from an array of companies with more than 2,000 employees to a logistics firm with 40 trucks, a breadth of experience that he brings to his new role as chairman of American Trucking Associations.
October 13, 2014Business, Government, Safety, Fuel, Logistics
Diesel Price Keeps Falling, Lowest Since July 2012
Diesel fuel’s national average retail price fell 2.2 cents to $3.733 a gallon, the 14th straight week without an increase and 25th drop in the past 30 weeks, the Department of Energy reported.
October 13, 2014Business, Logistics
Florida Railway Paints Train Pink for Breast Cancer Awareness
Florida East Coast Railway is sponsoring the Susan G. Komen North Florida 20th Race for the Cure and painted two of its trains pink to support the cause.
October 10, 2014Business, Logistics
Intermodal Rail Traffic Rises 3.7% for Week
U.S. rail intermodal traffic increased 3.7% in the week ended Oct. 4 compared with the same week last year, the Association of American Railroads reported.
October 10, 2014Business, Logistics
Federal Maritime Commission Clears Ocean Carrier Alliance
The Federal Maritime Commission has cleared the planned vessel alliance of Maersk Line and Mediterranean Shipping Co., the two largest ocean carriers.
October 9, 2014Business, Logistics
$1 Billion Policy Created to Cover Rail Catastrophes
American International Group Inc., the largest commercial insurer in the U.S. and Canada, introduced a policy to help railroads handle losses from catastrophic accidents as more crude oil is shipped by trains.
October 9, 2014Business, Logistics
Surface Transportation Board Demands More Detailed Rail Service Reports
The Surface Transportation Board said it is ordering all major freight railroads to submit more detailed service reports starting later this month in the wake of ongoing delays.
October 9, 2014Business, Logistics
Schneider Raises Van Truckload Driver Pay
Schneider has raised van truckload driver pay by 8-13% in mileage and bonus pay, after increases for tanker and dedicated account drivers.
October 8, 2014Archives
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