Transport Topics
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Kansas City Southern announced a significant uptick in profits in the fourth quarter, but similar to virtually all U.S. companies, the final total was bolstered by the savings anticipated from the Tax Cuts and Jobs Act.
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Canadian Pacific Railway reported healthy fourth-quarter and yearly results, with income boosted in part by the recent reduction in the U.S. corporate tax code from 35% to 21%.
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Auxiliary power units allow truck drivers to have climate control for their sleepers and electricity for hotel loads without needing to idle the tractor engine, but fleets that elect to add APUs to the cab must decide how those APUs will be powered — by a small diesel engine or by batteries.
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The latest battleground in the ongoing dispute between XPO Logistics Inc. and the International Brotherhood of Teamsters was in Albany, N.Y., where less-than-truckload drivers voted against unionization.
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