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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Tom Cook, managing director of Blue Tiger International, discussed the negative effects of risk exposure in the global supply chain and how to manage those risks.
DHL Supply Chain will acquire Polar Transportes, which provides transportation services to the Life Sciences and Healthcare industry in Brazil.
The World Shipping Council has warned of unintended consequences that would be detrimental to shippers if a rule was adopted that would limit situations in which detention and demurrage may be collected.