UPS to cut 20,000 jobs in network reconfiguration
And so it starts. UPS, while announcing a better-than-expected profit, also enthused investors with its ...
There were mixed fortunes for North American railroads in the first half, those north of the US border faring better in a hostile market than their southern neighbours.
First-half revenues for Canadian National showed substantial intermodal gains, and chief executive JJ Ruest noted the role of TransX’s integration in this success.
“We continue to work on cross-polymerisation opportunities between CN and TransX,” he told investors.
“These efforts are also translating into new business, such as a deal to handle all the domestic intermodal ...
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