A new white paper from Michigan State University’s Eli Broad College of Business, in association with Maine Pointe, outlines the biggest challenges that rail carriers, shippers and investors are facing today.
The region that straddles the Danube in Romania and Bulgaria has made it a bread basket for centuries. But after years of corruption and political upheaval, it’s finally plugged into the world economy thanks to the EU’s open borders and money.
Freight volumes and pricing are continuing to weaken in air, rail and truck markets, according to the Cass Freight Index Report for September. The additional signs of contraction suggest that an economic downturn might be in the offing.
Phillip D. Yeager never gave serious thought to walking away from the family business. He’s part of the third generation to work at Hub Group, Inc., the Chicago area-based transportation management company with current revenues of nearly $4bn.