Category: News

Kansas City Southern reported profits rose 7.2% in the third quarter on strength in automotive, energy, intermodal and petrochemical transportation, despite suffering a financial blow of up to $23 million in operating income from Hurricane Harvey.

It’s rare that major economies all grow at the same time. For investors that’s sometimes frustrating. There’s always at least one country—Brazil, Russia, wherever—blotting a multinational’s otherwise decent set of numbers.

It’s rare that major economies all grow at the same time. For investors that’s sometimes frustrating. There’s always at least one country—Brazil, Russia, wherever—blotting a multinational’s otherwise decent set of numbers.

The headline above comes courtesy of John Larkin – managing director and head of transportation capital markets research for Stifel Capital Markets – who made that comment to illustrate a key issue now facing truckers large and small; whether one lik

Some 42 months before the new Endurant automated transmission’s launch, the program engineers locked themselves in an abandoned warehouse to start completely from scratch. Well, not quite, but close — and it was about that consummate a ground-up effo