JB Hunt names incoming intermodal division leader NEWSWIRE

LOWELL, Ark. – Darren Field, 48, is slated to become J.B. Hunt Transport executive vice president and president of intermodal upon the April 1, 2020, retirement of Terry Matthews from that position. For the past few quarters J.B. Hunt has been working on the transition of leadership in intermodal, where the company derives more than […]

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New York MTA, transit union agree to new contract NEWSWIRE

MTA

NEW YORK — The Metropolitan Transportation Authority has reached agreement with transit workers on a new contract after six months of sometimes contentious negotiations, averting a possible strike. Transport Workers Union Local 100 President Tony Utano said in a statement that the union’s executive board would meet to discuss the contract today and would report […]

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AAR economists put railroad traffic decline in perspective NEWSWIRE

WASHINGTON — Coal sinking to record low volumes, lingering trade uncertainty, and a manufacturing slowdown are largely responsible for this year’s rail traffic slump, which is not as bad as it appears due to comparisons with an unusually robust 2018, Association of American Railroads economists said today. Nearly half of the overall drop in carload […]

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