TONTITOWN, Ark. _ P.A.M. Transportation Services Inc. on Tuesday reported fourth-quarter net income of $3.2 million. The Tontitown, Arkansas- based company said it had profit of 45 cents per share. For the year, the company reported profit of $21.4 million, or $2.93 per share.» Read More
A group led by Canada's Brookfield will buy Australian logistics company Asciano for $6.5B, creating a global port and freight business.
Traffic deaths spike 14% in the first six months of 2015; injuries are up by a third.
Hong Kong's first major IPO to brave the market since the depths of the China market rout, CRSC, opened nearly flat on debut Friday.
Kelvin Leung, CEO, Asia Pacific at DHL Global Forwarding, says the company's third rail service from China to Europe offers customers with a cheaper and faster option.
Bob Picciano, IBM svp of analytics, discusses how IBM's smart traffic management system is using hi-tech to tackle traffic jams in New Jersey.
Discussing investment in America's rail infrastructure, with Ed Hamberger, Association of American Railroads.
Discussing the derailment of the Amtrak train and infrastructure issues in the U.S., with Richard Ravitch, former New York LT. Governor.
The U.S. has not invested in infrastructure, which is vital to a safe transportation system, former U.S. Transportation Secretary Ray LaHood said.
Brian Pallasch, ASCE Managing Director, discusses the grade of America's rail infrastructure and lack of funding.
The Canadian government unveiled tougher new proposed oil tank car standards.
Norfolk Southern expects a solid U.S. economy to boost its business in 2015 but said it was too early to gauge the impact of lower energy prices.
CSX reported a higher profit and said it expected a strong increase in its freight business and double-digit earnings growth during 2015.
Activist investor Carl Icahn raised his stake in U.S. car rental company Hertz Global Holdings Inc to 10.77 percent from 8.48 percent.
Amtrak plans to move holiday travelers through a snowstorm forecast to hit the East Coast, but the system needs investment badly, said its CEO, Joseph Boardman.
CHICAGO, Oct 14- No. 3 U.S. railroad CSX Corp on Tuesday reported a rise in third-quarter profit, beating forecasts and predicting double-digit growth for 2015 as it moved more freight on its network due to a growing U.S. economy. CSX reported earnings per share of 51 cents, up from 45 cents a year ago and beating the 48 cents expected by Wall Street analysts.
Up until today, transportation stocks had been showing signs of strength. CNBC's Dominic Chu reports the road and rail group is still one of the best performing in the S&P this month, and provides insight to trucking and transport company Ryder System.
A record harvest will likely cause financial hardships on grain farmers due to a lack of rail service. Some point the finger at the oil industry for the problem.
Plans are advancing for a private high-speed luxury railway in Florida by the end of 2016.
These rail stocks are transportation analyst Sal Vitale's top picks. Find out why he thinks they still have room to run.
Drivers in a labor dispute with three trucking companies at the ports of LA and Long Beach began an indefinite strike Monday.