Retailers, railroads and electricity companies are pressing for U.S. government approval to fly drones longer distances. Regulators, geared to an aviation industry that can take five years to get a new jetliner in the air, are struggling to adjust to t…
Author: Thomas Black
There Aren’t Enough Truckers, and That’s Pinching US Profits
Tyson Foods Inc. expects to pay $200 million extra for freight this year. Kellogg Co.’s logistics costs will rise nearly 10%. McCormick & Co. blamed increased shipping expenses for its failure to achieve a profit target.
Amtrak Crash Adds to CSX’s Rising Accident Toll
A fatal crash of Amtrak and CSX Inc. trains Feb. 4 raises concerns about whether the freight railroad’s massive operations overhaul might have compromised safety and contributed to a rise in accidents.
CSX 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.
Even a NAFTA Collapse Won’t Keep Companies From Moving to Mexico
It wasn’t supposed to be like this, but the folks who help U.S. companies set up production in Mexico say they’re having a solid year.
Trucking Companies Climb on Expected Demand for Harvey Cleanup
Expectations that trucking demand will increase for cleanup from Hurricane Harvey helped boost shares of Landstar System Inc., YRC Worldwide Inc. and C.H. Robinson Worldwide Inc.
Construction Stocks Tank as Trump’s Infrastructure Plans Fizzle
The predicted boom in construction stocks under President Donald Trump is turning into a bust.