06 Mar Is a CEO Worth $200 Million? Shareholders at Rail Giant Think So Is superstar railroad executive Hunter Harrison worth a $200 million pay package? For that matter, is any CEO worth that? Read more...
03 Mar CSX Is Said Near Deal to Name Harrison CEO CSX Corp. may install Hunter Harrison as chief executive officer as early as the week of March 6 as the railroad and an activist shareholder move closer to ending an impasse over Harrison's pay package, people familiar with the matter said. Read more...
03 Mar Truck OEMs Tout Their SuperTruck Improvements NASHVILLE, Tenn. - Truck makers said they continue to reap huge benefits from the SuperTruck program, adding significant technology advances to their production models. Read more...
03 Mar Great Dane Has Plans Soon for Microbial Protection, Telematics and Rear Impact Guard NASHVILLE, Tenn. - Trailer maker Great Dane introduced three new means of increasing the safety and efficiency of its products, including with antimicrobial protection, enhanced telematics and a stronger rear impact guard. Read more...
03 Mar Class 8 Orders Rise 28%, Highest Total in 14 Months North American Class 8 orders in February reached a 14-month high as they cleared 23,000, and exceeded expectations, analysts said. Read more...
03 Mar Service Industries Grow at Fastest Pace Since October 2015 American service companies expanded in February at the fastest rate since October 2015 amid stronger orders, signaling momentum in the economy's biggest sector. Read more...
03 Mar South Carolina House Oks Gas Tax Hike to Repair Crumbling Roads The South Carolina House voted 97-18 March 1 to increase the state's gas tax and other driving fees to raise about $600 million a year to repair the state's crumbling roads and bridges. Read more...
03 Mar New Interchange in New Stanton, Pa., Designed to Ease Traffic Flow The Pennsylvania Department of Transportation's decision to move an Interstate 70 interchange in New Stanton, Pennsylvania, has helped ease traffic congestion for residents and firms, such as UPS and FedEx, that have distribution warehouses there. Read more...
03 Mar Port of Portland to Split With Container Terminal Operator ICTSI The Port of Portland, Oregon, and the company operating its container terminal have agreed to part ways at the end of March, nearly a year after the terminal was idled by labor strife. Read more...
03 Mar Peak Gasoline Demand Looms With Engine Efficiency Gains Demand for gasoline in the United States, which accounts for a 10th of global oil consumption, is expected to peak next year as engines become more efficient, WoodMackenzie analysts said. Read more...