CSX Corp. appointed E. Hunter Harrison to its CEO post and, based on his success at other railroads, analysts predict he will turn the sprawling, underperforming, historic Class I railroad into one that is faster and more punctual, with better service and higher rates.

Schneider National Inc. has agreed to a new multiyear agreement with CSX Transportation Inc., under which the railroad will continue to serve as one of the truckload and intermodal carrier's primary rail providers.

Is superstar railroad executive Hunter Harrison worth a $200 million pay package? For that matter, is any CEO worth that?

NASHVILLE, Tenn. — Capitalizing on strong replacement demand, trailer makers said they are expanding product lines and features amid industrywide orders that skyrocketed 92% in January to more than 32,000.

CSX Corp. may install Hunter Harrison as chief executive officer as early as the week of March 6 as the railroad and an activist shareholder move closer to ending an impasse over Harrison’s pay package, people familiar with the matter said.

Nebraska Republican Sen. Deb Fischer called on state transportation directors to consider the legislation she recently introduced that would transfer funds into the Highway Trust Fund.

Consumer comfort rose to an almost 10-year high in the final week of February on increased optimism about the U.S. economy and more favorable views about personal finances and the buying climate, the weekly Bloomberg Consumer Comfort Index showed March 2.