Railroad operator Kansas City Southern's quarterly profit jumped 34 percent, even after network congestion crimped operations in Mexico, where it has extensive services.
CSX Corp on Tuesday reported quarterly profit that topped Wall Street's view and raised its full-year revenue forecast, as the No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices for moving freight.
SEATTLE/LOS ANGELES Santa's sleigh cannot fly without its pilot. | Video
SEATTLE/LOS ANGELES, Oct 4 Santa's sleigh cannot
fly without its pilot.
CHICAGO/LOS ANGELES U.S. food companies kept slaughter plants shut on Monday in southeastern states swamped by Hurricane Florence as catastrophic flooding killed nearly 2 million chickens, collapsed the walls of at least two hog manure pits, and made stretches of major roads impassable.
FedEx Corp reported quarterly profit that missed Wall Street estimates on Monday, as employee compensation and other expenses weighed on results.
CHICAGO/LOS ANGELES, Sept 17 U.S. food companies
kept slaughter plants shut on Monday in southeastern states
swamped by Hurricane Florence as flash floods collapsed the
walls of at least two hog manure pits, made roads undriveable
and delayed rail shipments.
United Parcel Service Inc is doubling down on shipments between businesses as part of a $20 billion overhaul aimed at automating its facilities and offsetting the profit squeeze from lower-profit home deliveries from large retailers like Amazon.com .