One-time charges were largely to blame for the dip, with the proposed merger tacking on $58 million, and costs from the East Palestine derailment adding another $23 million.
Industry sources estimate that roughly 90% of yards still operate without dedicated management systems or consistent frameworks that measure performance.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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