Transport Topics
Kansas City Southern Posts Mixed Results as Earnings Dip, Revenue Rises
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Kansas City Southern reported first-quarter net income of $145 million, or $1.40 a share, on revenue of $639 million, a 5% rise from the prior year. In the first quarter of 2017, the railroad reported net income of $147 million, or $1.38 per share.
Ocean Carrier CMA CGM Group to Buy 25% Stake in Ceva Logistics
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Ceva Logistics is getting a major new shareholder to go along with a planned initial public stock offering of stock.
TIA Chairman Jason Beardall Wants to Reach Out to Shippers
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PALM DESERT, Calif. — Jason Beardall, president of England Logistics, wants his time as TIA chairman to be remembered for several things.
Economist Noel Perry Says Strong Freight Market, Driver Shortage Won’t Last
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PALM DESERT, Calif. – The strongest freight market in the past 50 years won’t last much beyond this year, a prominent industry economist said here last week.
UPS Flight Dispatchers Vote to Authorize Strike as Contract Talks Continue
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Eighty-one unionized UPS Inc. flight dispatchers based at the company’s Louisville, Ky., Worldport hub voted unanimously to authorize their leadership to call a strike as contract talks continue, according to the union and a statement released from UPS on April 9.
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