CSX officials said late Wednesday in a third-quarter 2021 earnings conference that they have been working hard over the previous nine months to grow staff numbers so that the Eastern U.S. railroad can fulfill current and future capacity needs. "It's evident that we're in a bind. This quarter was busier...
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Although USX’s third quarter was disappointing, analysts tend to be sympathetic to the CEO’s long-term outlook
Analysts’ reaction to US Xpress's third-quarter earnings brings to mind a term that CEO Eric Fuller frequently uses: inflection point. After quarterly earnings, Fuller spoke mainly about the future that traditional measures could only describe dismal, especially as numerous other freight businesses are reporting stellar results. And Wall Street analysts...
In a $3.25 million stolen-goods conspiracy, a former FedEx Ground senior manager was punished
For his role in a decade-long stolen-goods scheme, a former senior manager of a FedEx Ground facility in Delaware was sentenced to more than three years in jail and ordered to pay back more than $1.1 million and forfeit more than $1.8 million in property on Thursday. In February 2020,...