24 Jan Canadian Pacific Separation Deal With Harrison Stokes CSX Speculation Canadian Pacific has reached a separation agreement with CEO Hunter Harrison effective at the end of the month, according to a filing with the Securities and Exchange Commission, which could stoke speculation that he and private investor Paul Hilal will attempt to assume control at rival railroad CSX. Read more...
24 Jan Existing US Homes Sales Fell in December, But 2016 Still Best in a Decade Sales of previously owned U.S. homes declined more than forecast in December, data from the National Association of Realtors data showed Jan. 24. Still, sales for the full year were the strongest since 2006. Read more...
24 Jan Boston Looks to Revamp Roads as 6,000 Trucks a Day Rattle High-Priced Condos Container and delivery trucks are rumbling through South Boston and the Seaport 6,000 times a day on average, according to a new Massport survey, rattling the high-priced loft and condo tenants. Read more...
24 Jan Christmas Ham Fat Used to Make Renewable Diesel Fuel Finnish company Neste used waste fat from Christmas hams to produce about 2,641 gallons of its renewable diesel fuel, according to the oil refining and marketing firm. Read more...
23 Jan Trump and Trucking: Your Thoughts on the President's Agenda? In his inaugural address, President Trump promised to renegotiate trade agreements, clamp down on immigration and boost the American economy by reducing regulations and improving infrastructure. What is your reaction to the president's agenda and what would you most like to see happen in the next four years? Read more...
23 Jan Accuride Introduces Lighter Steel and Aluminum Wheels Accuride Corp. announced new steel and aluminum wheels that it said offered weight-saving benefits, including the industry's first 65-pound steel wheel and 40-pound aluminum alloy wheel for commercial vehicles. Read more...
23 Jan National Diesel Average Falls 1.6¢ to $2.569 The U.S. average retail price of diesel dropped 1.6 cents to $2.569 a gallon, while crude oil prices showed little change from the previous week. Read more...
23 Jan Dave Bronczek to Take Over as President, COO of FedEx Feb. 1 FedEx Corp. announced that as of Feb. 1, Dave Bronczek will assume the posts of president and chief operating officer. Read more...
23 Jan Trump Revamps US Trade Focus by Pulling Out of Pacific Deal President Trump abruptly ended the decades-old U.S. tilt toward free trade by signing an executive order to withdraw from an Asia-Pacific accord that was never ratified and by promising to renegotiate the North American Free Trade Agreement. Read more...
23 Jan Trailer Orders End 2016 on Strong Note, Climbing Above 34,000 Net trailer orders in December were the highest of the year, and improved year-over-year as well, but 2016 remained significantly weaker than 2015, ACT Research said. Read more...