CHICAGO, July 27- Norfolk Southern Corp, the No. 4 U.S. railroad, on Wednesday reported a lower quarterly net profit due to a 7 percent drop in freight volumes, but the results just exceeded market expectations because of cost cutting and efficiency measures. The decline in freight at the Norfolk, Virginia- based company was led by a precipitous 25 percent drop in...
CHICAGO, July 27- Norfolk Southern Corp, the No. 4 U.S. railroad, on Wednesday reported a lower quarterly net profit due to a 7 percent drop in freight volumes, but the results just exceeded market expectations because of cost-cutting and efficiency measures. The decline in freight at the Norfolk, Virginia- based company was led by a precipitous 25 percent drop in...
Michael Ward, CSX Corporation Chairman & CEO, discusses the company's earnings release and how the price of coal is affecting the rail operator.
CNBC's Kate Rogers reports from the New Jersey Turnpike on what to expect if you're heading out for the long weekend.
CNBC's Kate Rogers reports gas prices are at their lowest level since 2005, but be prepared to sit in traffic this holiday weekend. AAA reports 36 million people plan to drive this July 4th weekend.
According to AAA it's going to be a record-breaking travel weekend, reports CNBC's Kate Rogers.
Jim Cramer explains what to watch ahead of the open.
Sam Zell, Equity Group Investments, weighs in on ways to fund the rebuilding of America's crumbling infrastructure, including a gas tax.
You have to have a well-staffed system, says Former Secretary of Transportation Ray LaHood, sharing his thoughts on how to solve problems at the TSA.
We need to raise the gas tax and raise a big pot of money, says former Secretary of Transportation Ray LaHood, discussing the challenges of repairing and costs associated with maintaining the nation's roads, bridges and tunnels.
Professor David Levinson, University of Minnesota Center for Transportation Studies Department of Civil Engineering, discusses the future of Hyperloop as it completes its first test.
Michael Ward, CSX Corporation CEO, joins Closing Bell to discuss CSX earnings and business strategy.
Ogden, Utah was once a hub of rail and industry. But beginning in the 1970’s, people left and the town slipped into decline. Reporter Mary Thompson heads there to see what’s working now in this town near the Wasatch Mountains.
The commodities giant aims to raise as much as $1.1-billion by selling the Hunter Valley rail business.
Several cars on a train derailed west of Dodge City early Monday.
Jim Cramer explains what to watch ahead of the open, including why rail stocks are cheap and he'd be willing to buy CSX.
Justin Long, Stephens railroad analyst, discusses the ripple effect of crude's crush and declining rail demand on the railroad sector.
CNBC's Morgan Brennan reports transporting oil by railroad has hit a detour as crude prices collapse and volumes for the biggest railroads have dropped.
Urban Engines wants commuters to travel during off-peak hours to reduce congestion in cities.
With a 48,000-driver shortfall, U.S. trucking fleets are recruiting from a little-tapped labor pool: women.