Expectations High as Harrison Assumes Leadership of CSX
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.
March 13, 2017Schneider, CSX Transportation Agree on New Rail Contract
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.
March 10, 2017XPO Logistics Inks Deal With Gower Furniture
XPO Logistics has secured a multimillion-pound, long-term agreement with Gower Furniture, a supplier of kitchens to the trade and retail sectors in the United Kingdom, XPO announced March 6.
March 8, 2017Is a CEO Worth $200 Million? Shareholders at Rail Giant Think So
Is superstar railroad executive Hunter Harrison worth a $200 million pay package? For that matter, is any CEO worth that?
March 6, 2017Editorial: Week Spent Looking to the Future
Conference halls from coast to coast were teeming with talk of transportation last week, with no shortage of prognostications from industry leaders about what the future holds.
March 6, 2017Opinion: Virginia Increases Availability of TWICs at DMVs
As reported in Transport Topics in early December 2016, (12-12, pp. 4, 43) American Trucking Associations President Chris Spear told a roundtable of lawmakers at a Senate hearing in Washington, D.C., that the Transportation Worker Identification Credential, or TWIC, represents the future of secure transportation.
March 6, 2017Trailer Product Lines Expand; Orders Soar 92% in January
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.
March 6, 2017CSX Is Said Near Deal to Name Harrison CEO
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.
March 3, 2017Sen. Fischer Touts Her Infrastructure Bill at AASHTO
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.
March 2, 2017Consumer Comfort Hits 10-Year High on Economic Outlook
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.
March 2, 2017