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Logistics News
Business, Government, Safety, Logistics, Fuel

XPO’s Jacobs Sees E-Commerce as Key to Robust Growth in 2017

KEY BISCAYNE, Fla. — XPO Logistics Inc. CEO Brad Jacobs won’t rest on turning a profit with a company that lost money as recently as 2015, telling Transport Topics that he’ll “double down” on growing on the e-commerce wave through contract logistics, less-than-truckload and last-mile delivery services.

Ari Ashe | Staff Reporter
February 20, 2017
Business, Logistics

CSX Seen Restarting CEO Talks After Activist Softens His Demands

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.

February 17, 2017
Business, Logistics

TFI International Profits Increase in Fourth Quarter

TFI International Inc., formerly known as TransForce, reported net income rose 3.9% in the fourth quarter of 2016, although the gains were slightly lower than the consensus forecast from industry analysts.

February 17, 2017
Business, Logistics

CSX Shareholders Seen Likely to Make Harrison a $300 Million Man

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.

February 17, 2017
Business, Government, Logistics

New Year, Same Story for US Growth Driven by Consumers

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.

Sho Chandra | Bloomberg News
February 16, 2017
Government, Business, Safety, Logistics, Fuel

Underinvestment in Freight Infrastructure Will Hurt Economy, Schneider CEO Says

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.

Eugene Mulero | Senior Reporter
February 15, 2017
Business, Logistics

Shipping Industry Calls for Exemption from Carbon Market Reform

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.

February 15, 2017
Business, Autonomous, Government, Logistics

Werner Nixes Driving School in Pennsylvania After Local Outcry

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

Michelle Merlin | The Morning Call (Allentown, Pa.)
February 14, 2017
Business, Logistics

Tighter Brokerage Margins Crimp 3PL Profits

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

Ari Ashe | Staff Reporter
February 13, 2017
Business, Logistics

Intermodal Rail Traffic Up as Turnaround Takes Hold

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.

Ari Ashe | Staff Reporter
February 13, 2017
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