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. …
CSX Corp
Dali container removal to take weeks, key to Baltimore port reopening
A Key Bridge Response 2024 Unified Command image of response crews remove shipping containers using a floating crane barge after the cargo ship Dali struck and collapsed the Francis Scott …
NSC COO John Orr has history of abusive behavior, activist Ancora says
A general view of the exterior of the headquarters of Norfolk Southern on April 1, 2023 in Atlanta, Georgia. Icon Sportswire | Getty Images Norfolk Southern is almost two months …
New freight crew rule tests rail industry’s clout, one year after East Palestine disaster
A Union Pacific freight train is seen traveling on April 21, 2023 in Round Rock, Texas. Brandon Bell | Getty Images One year after the East Palestine, Ohio train derailment …
Railroad CSX’s new freight route for Port of Baltimore closure starts Tuesday
CSX train at Seagirt Marine Terminal, Port of Baltimore. Baltimore Sun | Tribune News Service | Getty Images CSX is starting a new dedicated freight rail service between Baltimore and …
Why you should check the share count before buying a stock
More than half of the stocks in the S & P 500 hit new 52-week highs in the first quarter, leaving us to puzzle over how this all happened. We …
What Jim Cramer is watching to see where the stock market goes next
We don’t know what we want. This week, we will find out what it is that will propel us forward or turn us back after the S & P 500 …
Freight recession will continue in 2024: CNBC Supply Chain Survey
The global shipping industry has been mired in a freight recession this year and the challenging economic conditions will continue into 2024, according to a new CNBC Supply Chain Survey. …
Across thousands of retailers, holiday shopping outlook is sluggish
A shopper in the seasonal aisle of a Target store on Black Friday in Chicago, Illinois, US, on Friday, Nov. 25, 2022. US retailers are bracing for a slower-than-normal Black …
Here are 3 things to watch in the stock market after a very difficult week
It was a mixed week for the major stock benchmarks. The S & P 500 closed lower Friday, but turned in a weekly gain despite big swings in oil prices …