Rail News

SAN FRANCISCO--(BUSINESS WIRE)--BizTrip AI, a pioneer in agentic AI for corporate travel, today announced that Valerie Layman has joined the company as Head of Product Strategy. In this role, Layman will oversee product vision and strategy, partnering with enterprises looking to reimagine corporate travel in the age of agentic AI. Layman brings more than two decades of experience across corporate travel and enterprise SaaS, with a proven track record of building and scaling high-impact product...

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE:KNX) (the “Company” or “Knight-Swift”), one of North America’s largest and most diversified freight transportation companies, announced today the pricing of $1.3 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as...

BELLEVUE, Wash.--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NYSE:EXPD) today announced that on May 4, 2026 its Board of Directors declared a semi-annual cash dividend of $0.81 per share, payable on June 15, 2026 to shareholders of record as of June 1, 2026. “Since 2024, we have returned nearly $2 billion to shareholders in dividends and share repurchases,” said David A. Hackett, Senior Vice President and Chief Financial Officer. "In addition, in February of this year our Boa...

HOUSTON--(BUSINESS WIRE)--Port Houston today announced the launch of Anchored in Action, a new Community-Investment Plan designed to guide investment and partnerships in port-adjacent neighborhoods through a comprehensive, community-led roadmap. The plan is designed to strengthen quality of life near the Houston Ship Channel by bringing resident priorities, data, and collaboration opportunities into a single, coordinated framework. Developed through an extensive listening and engagement process...

NEW YORK--(BUSINESS WIRE)--Transfix, a leading transportation management system (TMS) provider for freight brokers and 3PLs, today launched a built-in broker accounting dashboard that consolidates shipment-level financial data inside the same workflow operations teams already use. The capability rolls out to Transfix TMS customers this quarter. The new accounting dashboard for freight brokerage finance teams brings statement details, one-click reprints, revenue trends, and shipper credit limit...

BELLEVUE, Wash.--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NYSE:EXPD) today announced first quarter 2026 financial results including the following comparisons to the same quarter of 2025: Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 16% to $1.71 Net Earnings Attributable to Shareholders increased 13% to $230 million Operating Income increased 11% to $295 million Revenues increased 4% to $2.8 billion Airfreight tonnage increased 5% and ocean c...

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE:KNX) (the “Company” or “Knight-Swift”), one of North America’s largest and most diversified freight transportation companies, announced today that it intends to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) only to persons reasonably believed to be “qualified institutional buyers” pur...

MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) Chief Executive Officer John Diez will present a company update at the 2026 Bank of America Securities Industrials, Transportation, and Airlines Key Leaders Conference. Who:  Ryder System, Inc. Chief Executive Officer John Diez What: Bank of America Securities Industrials, Transportation, and Airlines Key Leaders Conference When: Tuesday, May 12, 2026 Time: 11:05 a.m. Eastern Time Webcast: To access the link to the live webcast, visit: Ryder...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Crystal Instruments launches the Ruby Wireless Sensor, high-precision vibration monitoring with 36-month battery life and IP67 durability....

GREEN BAY, Wis.--(BUSINESS WIRE)--Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, is celebrating 35 years of delivering flexible Intermodal solutions that drive efficiency, help control costs and unlock growth for customers. Schneider provides decades of proven, scalable intermodal expertise at a time when shippers need reliability and flexible capacity. The company has differentiated its offering through company-owned a...