Canadian Pacific on Friday laid out its leadership roster as the railway becomes a merged company with Kansas City Southern in mid-April. Changes include the transition of current KCS President and CEO Pat Ottensmeyer into an advisory role through the end of 2023. CP (NYSE: CP) will see the merged companies form Canadian Pacific Kansas…
This week’s FreightWaves Supply Chain Pricing Power Index: 30 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 30 (Shippers) Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 35 (Shippers) The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for…
Rail shippers are waiting to see whether the merger of Canadian Pacific and Kansas City Southern will actually enhance competition and provide them with more choices. The Surface Transportation Board issued a decision Wednesday approving the deal, saying CP (NYSE: CP) and KCS would be able to promote competition better as a merged railroad company…
COOLIDGE, Ariz. — Electric truck and hydrogen maker Nikola Corp.’s financial struggles — a near-record-low stock price, weak cash position and inability to access reasonably priced capital — feed legitimate concerns about its survival. But visit the plant about an hour east of Phoenix and you come away with a different take. First, the L-shaped…
The Canadian Trucking Alliance (CTA) is calling on those who work behind the wheel to help raise concerns about Driver Inc. – a business model that misclassifies employees as independent […]