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‘Disciplined’ truckload carriers attempt to hold the line in annual pricing talks
Many US truckload customers engaged in annual bids and contract talks are still looking for rate cuts, but the potential for a market turnaround is tempering behavior.
Supreme Court declines to hear SC Ports’ appeal of Leatherman ruling
The decision to not hear the appeal leaves intact a ruling that allows the International Longshoremen’s Association to sue ocean carriers that use the Leatherman terminal, an apparent blow to the so-called “hybrid” labor model used in Charleston.
Activist investor seeks to oust CEO at ‘worst’ Class I railroad Norfolk Southern
In addition to pushing for a leadership change, Ancora Holdings also said NS should not invest so heavily in intermodal under its current strategy and criticized the railroad for changing 180 train schedules last year to prioritize container and trailer business.