Transport Topics
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Former CSX Corp.CEO Hunter Harrison died less than one year into his four-year contract. Now questions are starting to arise about whether it was wise for the railroad to invest $84 million in the tycoon despite obvious health concerns.
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Navistar International Corp. achieved profitability during its 2017 fiscal year as it battles back from sustained losses, but the company’s chief executive said it’s not all about the money. More important, he says, are the growing indications that Navistar is winning back the trust of truck buyers compared with the situation it faced when it launched a turnaround effort a few years ago.
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The roads where the trucking industry makes its living are expected to be busy in the year ahead — for a variety of reasons.
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Roadrunner Transportation Systems received an extension through April 4 to remain on the New York Stock Exchange, avoiding a delisting due to the company retracting financial statements for every quarter since the beginning of 2016 and also pulling its annual reports for 2015 and 2016.
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