FedEx Freight details June 1 spin-off, sets stage for independent growth Leadership at FedEx Freight, the less-than-truckload subsidiary of Memphis-based global freight transportation and logistics ...
Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.
The 37th State of Logistics report finds that continuous disruption—from shifting trade policies and geopolitical tensions to labor shortages and rising costs—has become a permanent feature of the ...
America’s shipping landscape stands on the brink of a dramatic transformation as two railroad giants announced a groundbreaking merger that could fundamentally change how goods move across the ...
The Union Pacific Railroad announced last week in a press release that it has reached an $85 billion agreement to acquire rival Norfolk Southern, creating what will be the first coast-to-coast freight ...
In late July, the Department of Justice took up a cause it hadn’t touched since the late 1970s: It sued a freight railroad for delaying Amtrak trains. In the lawsuit, the DOJ alleges that on tracks ...
The U.S. Department of Justice sued Norfolk Southern railroad this week for causing frequent delays of Amtrak trains, in the latest example of the Biden administration pressing freight carriers to ...
Warren Buffett built Berkshire Hathaway BRK.B0.64%increase; up pointing triangle into a trillion-dollar conglomerate by scooping up quality businesses, picking the right CEOs and adopting a hands-off ...