Rail freight in US plays a vital role in the nation’s supply chain, experts say

ATLANTA — After the turmoil of Norfolk Southern’s proxy fight against an activist investor last month, Stefan Loeb said the shareholders’ vote showed confidence in the board’s performance. While board chair Amy Miles lost her position, Norfolk Southern’s (NYSE: NSC) management mainly prevailed on May 9 in its battle to retain control of the Class…

US Customs tightens enforcement on low-value e-commerce trade

U.S. Customs and Border Protection has suspended several customs brokers from a program designed to speed entry for low-value shipments but has paved the way for an explosion of e-commerce imports from China and India that the agency is struggling to police. CBP didn’t spell out specifics in Friday’s suspension announcement but implied the intermediaries…

State of Freight: Fuller highlights connections between housing market and trucking 

ATLANTA – Although the June State of Freight webinar occurred just a few weeks after May’s edition, there were two key differences.  One was that FreightWaves CEO Craig Fuller was back in his familiar position with FreightWaves Director of Market Intelligence Zach Strickland. Second, it took place in front of a live audience at the…

J.B. Hunt executive: Focus on customers key amid industry uncertainty

As companies continue to navigate economic challenges during the freight recession, a top executive at J.B. Hunt Transport says it’s important to listen and focus on customers’ changing needs to provide long-term value, while also collaborating and balancing investments in technology and people. “If we think about where the industry has been over the last…

Logistics industry trailblazer Barbara Spector Yeninas dies at age 84

An American trailblazer for women in the supply chain and logistics industry, Barbara Spector Yeninas, of Holmdel, New Jersey, died Friday at the age of 84. She was the founder of the maritime, supply chain and logistics marketing communications agency BSY Associates. According to a news release from the company regarding her death, the Middletown,…