US east coast carriers and rail operators introduce pre-strike restrictions
With just a week before an increasingly probable US east and Gulf coast port strike, ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
Chief executive James Foote seems to be handling the CSX train with the sort of dexterity his predecessor would have admired. Yesterday, the US rail carrier reported third-quarter earnings well above Wall Street expectations. Freightwaves reports Mr Foote as saying the carrier is two years ahead of where it expected to be at this stage. Furthermore, Mr Foote also expressed excitement by the overall performance, with net income almost double that reported for the same period last year – $894m versus $459m.
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