The U.S. auto salvage auction market is entering a period of structural change, and for the first time in years, competitive pressure is reshaping the balance between its two dominant players: RB Glob...
Read More
Shareholders at both Norfolk Southern Corp. and Union Pacific Corp. earlier today overwhelmingly approved key measures advancing the railroads’ proposed merger, an $85-billion deal the companies say...
Read More
The roads may be busier, but for much of the collision and parts ecosystem, the repair bays are not. Vehicle miles traveled hit a record 3.28 trillion in 2024, according to the Federal Highway Admi...
Read More
CSX Corp. said Monday it has appointed veteran executive Steve Angel as its new president and chief executive officer, effective Sept. 28, following the departure of Joe Hinrichs after three years at ...
Read More
The International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD) said Monday that it supports the proposed merger between Union Pacific and Nor...
Read More
The U.S. Department of Justice (DOJ) said Tuesday it has reached a settlement with Norfolk Southern Corp. and Norfolk Southern Railway Co. to resolve allegations that the railroad violated federal law...
Read More
CSX Transportation is facing intensifying pressure from activist investors and rivals as industry consolidation accelerates and questions mount over the Jacksonville-based railroad operator’s leader...
Read More
Despite rumors, Canadian Pacific Kansas City (CPKC) said Tuesday that the railway company is not interested in participating in “immediate rail industry consolidation.” "We believe that a trans...
Read More
Cleveland-based Ancora Holdings Group LLC this week ripped into the chief executive of CSX Corp., saying the railroad operator should fire him if it doesn’t make plans to get in on the rail industry...
Read More
Amtrak recently announced that its NextGen Acela high-speed trains, which connect the Northeast Corridor between Washington, D.C., New York City, and Boston, will be ready for passenger travel startin...
Read More
Union Pacific Corp. and Norfolk Southern Corp. on Tuesday announced a landmark agreement to merge operations in what would form the United States' first true coast-to-coast railroad. “Imagine s...
Read More
A newly introduced bill on Capitol Hill aims to address the nation’s current air traffic controller shortage by allowing more qualified professionals to stay in the profession for a longer period of...
Read More
Norfolk Southern Corp. announced Tuesday that Chairman Claude Mongeau has resigned from the Board of Directors citing personal reasons. Norfolk Southern President and CEO Mark George said that th...
Read More
Two more entities this week joined the brewing proxy battle at Forward Air Corp. led by activist investor Ancora Holdings Group LLC, which is calling for the removal of three board directors in a move...
Read More
As safety incidents, technology failures, and labor unrest continue to shake the nation’s airline industry, calls are increasing for Congress to investigate airline CEO compensation — particularly...
Read More
The Transport Project and its natural gas vehicle fleet and fueler members support a newly introduced bipartisan, bicameral bill that would create a $1.00-per-gallon tax credit for motor vehicles that...
Read More
Legislation recently proposed by a Wyoming Republican in Congress would authorize that the federal funding allocated for electric vehicle (EV) charging infrastructure programs be used for other highwa...
Read More
As part of the ongoing investigation into the collapse last year of the Francis Scott Key Bridge in Baltimore after contact with a containership, the National Transportation Safety Board (NTSB) recent...
Read More
A bipartisan bill proposed Jan. 16 on Capitol Hill would increase the railroad track maintenance credit in an effort to make it easier for local rail lines to keep operating and remain in good repair....
Read More
President Joe Biden recently signed into law a bipartisan bill that will streamline the process for individuals applying for or renewing enrollment in multiple security threat assessment (STA) program...
Read More