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Odyssey Logistics Posts Double-Digit Gains in Past Year

New products and services including a cloud-based system have helped Odyssey Logistics post double-digit growth during the past year.

February 18, 2016

N.Y. State Senator, UPS Oppose Rail Merger

New York State Sen. Kathleen Marchione and UPS Inc. are among those who are opposing the merger of Canadian Pacific Railway and Norfolk Southern Corp., according to letters on file with the Surface Transportation Board.

February 18, 2016

Amazon Expands Deliveries by Its 'On-Demand' Drivers

SAN FRANCISCO — Amazon.com Inc. is quietly inviting drivers for its new "on-demand" delivery service to handle its standard packages, as the online retailer known for low prices and razor-thin profit margins looks to speed up delivery times and tamp down its growing multibillion-dollar logistics bill.

February 18, 2016

Railroads Close Tracks, Cut Jobs Across the Country as Coal Cools Off

Working in or around Conway Terminal, the sprawling testament to the might of the U.S. freight railroad system, it might be easy to forget the storm of troubles brewing at Norfolk Southern Corp.

February 18, 2016

Biden to Highlight Freight-Rail Project During Memphis Visit

Vice President Joe Biden will travel to Memphis on Feb. 17 to highlight work on Norfolk Southern's Crescent Corridor freight-rail project.

February 12, 2016

CP’s Quest for Norfolk Southern Intensifies

MIAMI — Canadian Pacific Railway Ltd. and Norfolk Southern Corp. have upped the stakes in a $30 billion battle for control of the U.S. railway, as the potential acquirer said it would take its case directly to NS shareholders.

February 15, 2016

NTSB Rips FMCSA on Crash

The Federal Motor Carrier Safety Administration was publicly criticized by the National Transportation Safety Board for “inadequate safety oversight of high-risk carriers” after an investigation of a fatal crash in Illinois in which fatigue was blamed.

February 15, 2016

CP to Drop Norfolk Southern Pursuit if Resolution Fails, CEO Says

Canadian Pacific Railway Ltd. is ready to end efforts to buy Norfolk Southern Corp. if shareholders of the U.S. railroad reject a resolution calling for merger talks, the head of the Calgary-based company said.

February 11, 2016

Maersk Profit Plunges as Oil, Container Units Suffer

A.P. Moeller-Maersk A/S reported an 84% plunge in 2015 profit after its oil unit was hit by lower energy prices and the container division got squeezed between sluggish trade growth and overcapacity. The shares fell the most in almost a year.

February 10, 2016