New President and CEO E. Hunter Harrison is wasting no time in getting up to speed at CSX, projecting 25 percent year-over-year EPS growth for 2017, increasing quarterly shareholder dividends and instituting a new $1 billion share repurchase program.
Kansas City Southern’s net income jumped 38.9 percent to $149.6 million for the quarter on revenues that grew 8.3 percent to $610 million compared with the same 2016 period, according to the company’s most recent financial statements.
The e-commerce provider will offer next-day delivery in Santiago and other major Chilean cities, with two-to-three-day delivery services across the rest of the country.
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Greencarrier Freight Services appoints chief executive officer, and Alaska Airlines names vice president of airport operations and customer service.
Samskip Logistics USA’s acquisition of Rimar Consultants is increasing Samskip’s reefer portfolio.
The German ocean carrier is citing benefits from its planned merger with United Arab Shipping Company, but Reuters has reported a "snag" in those plans.