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.
Registration takes less than 1 minute.
Newbuild orders for shipyards in China fell 25.4 percent year-over-year to 5.54 million deadweight tons in the first quarter of 2017 amid continued weakness in demand, according to a report from the China Association of the National Shipbuilding Industry.
Wilh. Wilhelmsen ASA and Wallroll AB, joint owners of Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll-on Roll-off Carrier, have created a new ownership structure to enhance efficiency and increase cooperation between affiliates.
The new Liverpool2 container terminal, link-span bridge at the Port of Heysham, and the newly-opened Bay Gateway are expected to increase economic prosperity in Lancashire, the port operator said.