Norfolk Southern’s weak Q4, deteriorating OR draw Wall Street criticism

Fourth-quarter 2023 earnings and a projection for its prospects in 2024 have led to at least a pair of Wall Street downgrades of the prospects for Norfolk Southern’s stock price. The bottom-line numbers for Norfolk Southern (NYSE: NSC) were that it posted net income in the fourth quarter of $527 million versus $790 million in…

Carriers can reduce legal, financial risk with more frequent MVR monitoring

Many carriers pull their drivers’ motor vehicle records (MVRs) to check for violations and privilege suspensions just once a year. This means that, in some cases, a driver could lose driving privileges for up to 364 days before a carrier ever finds out. This “same time next year” approach to MVRs doesn’t work in the…

Rail gets high-tech upgrade moving into 2024

Rail is often characterized as one of the more “old school” transportation options, but recent developments in the space have challenged that narrative. Railroad giant CSX, for example, is dedicated to investing both financial and human capital into a myriad of emerging technologies.  “Over the past year, we continued a multi-year modernization plan for our…

Vizion partners with Dun & Bradstreet on risk management offering

Supply chain visibility provider Vizion announced Tuesday it has released a new product to provide customers with live tracking and risk management capabilities.  The new tool, TradeView, is made available through a partnership between the company and Dun & Bradstreet, which will be providing its own supply chain data to be leveraged with Vizion’s global…