CSX CEO on how tariffs and manufacturing affect rail
CSX CEO Joe Hinrichs discussed what a change in tariffs and manufacturing might mean for the railroad line in a Thursday interview with CNBC’s Jim Cramer, explaining why he thinks …
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Trump vow on new trade war sends shockwaves through supply chain
Retailers and manufacturing companies have been increasingly calling logistics partners, both in the days leading up to presidential election and on Election Night, about “front loading” shipments ahead of any …
For first time in 61 years, freight rails split on union strategy
For the first time in 61 years, there is a split between the class 1 freight railroads in how they are pursuing the next round of national talks with labor …
Port of LA cargo rail congestion hits two-year high ahead of holidays
A freight engine and shipping containers are viewed in a Union Pacific Intermodal Terminal rail yard on November 21, 2022 in Los Angeles, California. Mario Tama | Getty Images News …
Activist firm Mantle Ridge has $1 billion-plus stake in Air Products
Seifi Ghasemi, president and chief executive officer of Air Products, speaks during a press event to announce the construction of a green energy import terminal at the Oiltanking Deutschland GmbH …
How Microsoft, CrowdStrike IT outage is hitting global supply chain
Picture Alliance | Picture Alliance | Getty Images The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at U.S. and …
These 10 U.S. states have America’s best economies
It is the proverbial election year mantra: “It’s the economy, stupid.” But when it comes to attracting business to a state, the economy doesn’t only matter every four years. Companies …
Cramer says the market can’t broaden out due to uncertainty away from tech
CNBC’s Jim Cramer on Thursday said it’s no secret that the market rally has been driven by a handful of tech stocks, and it’s not likely to change anytime soon. …
Glass Lewis endorses 6 Ancora nominees
A Norfolk Southern train is en route on Feb. 14, 2023 in East Palestine, Ohio. Earlier in the month a derailment sent millions of pounds of toxic chemicals into the …
Activist Ancora wins Teamster union support
Activist Ancora on Thursday won the support of the BMWED Teamsters in the investor’s efforts to oust Norfolk Southern CEO Alan Shaw and a majority of the railroad’s 13-person board. …