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The global freight recession will continue in 2024: CNBC Supply Chain Survey
The global shipping industry has been mired in a freight recession this year and the challenging economic conditions will continue…
Read More » - U.S. News
U.S. trains keep derailing. Why?
Washington lawmakers are scrutinizing the freight rail industry as a string of derailments unfold in 2023. In the months since…
Read More » - U.S. News
CSX freight train derails after striking rockslide in West Virginia, injuring 3 and spilling diesel into river | CNN
CNN — A CSX freight train derailed Wednesday morning after striking a rockslide in a remote area of West Virginia,…
Read More » - U.S. News
Norfolk Southern is paying $6.5 million to derailment victims. Meanwhile, it’s shelling out $7.5 billion for shareholders | CNN Business
New York CNN — Norfolk Southern CEO Alan Shaw pledged Tuesday the freight railroad will spend $6.5 million to help…
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Some supply chain managers are wary of shifting trade back to West Coast ports
Shipping containers are offloaded from a container ship in the Port of Los Angeles before U.S. President Joe Biden delivers…
Read More » - Finance
Stocks making the biggest moves midday: Snap, American Express, Verizon, Twitter and more
Check out the companies making headlines in midday trading. Snap — Shares of the Snapchat parent company cratered 30% after…
Read More » - Finance
Stocks making the biggest moves premarket: American Airlines, Blackstone, AT&T and more
Check out the companies making headlines before the bell: American Airlines (AAL) – American soared 10.5% in premarket trading after…
Read More » - Stock Market
Why consider the Dow transports when they point to a slowing economy? Because these 7 stocks are cheap
The Dow Jones Transportation Average has long been considered a good forward indicator of the direction of the U.S. economy.…
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