There aren’t many lulls in the truck traffic coming in and out of the Norfolk Southern Corp. intermodal rail yard on North Brevard Street in Charlotte. Trucking companies like Lowell, Ark.-based J.B. Hunt steadily bring in trailers of products for ...Read More »
Trade and Transportation
Daimler Trucks North America today said it plans to add nearly 700 jobs at its manufacturing plants in Mount Holly and Gastonia. The Portland, Ore.-based company said it is adding 535 manufacturing and 37 administrative positions by September to its Mount Holly truck-manufacturing ...
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Taxicab company King Cab has been denied an injunction to prevent the city of Charlotte from awarding Charlotte/Douglas International Airport contracts to three cab companies. A selection committee had chosen King Cab as one of three companies to hold exclusive ...Read More »
Light-rail ridership levels tripled May 28 during Food Lion Speed Street compared with an average Saturday, and some of those passengers did not pay after they were let on trains when rail platforms became overwhelmed. Normally, there are approximately 10,000 ...Read More »
US Airways Group today said it had a 5.7 percent increase in passengers last month. The Tempe, Ariz.-based company, whose largest hub is Charlotte/Douglas International Airport, had 4.7 million passenger boardings in May, up from 4.5 million the same month ...Read More »
Horizon Lines said it has reached an agreement with the majority of holders of its senior notes regarding refinancing the company’s debt. The agreement centers on a complete refinancing and a new asset-based revolving loan of up to $125 million, for ...Read More »
Embattled shipping company Horizon Lines faces losing its listing on the New York Stock Exchange. Charlotte-based Horizon Lines said it has fallen below the NYSE’s listing standards because its market capitalization averaged less than $50 million during a 30 trading-day ...
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The Charlotte-based US Airline Pilots Association, upset about pilots’ pay, plans to picket at Philadelphia International Airport at 11:15 a.m. today to bring attention to what it calls efforts by US Airways to delay contract negotiations. Phoenix-based US Airways’ largest hub is ...Read More »
The controversial Independence Boulevard area plan passed unanimously during a Charlotte City Council meeting Monday. Among other things, transit has been a source of debate over the plan. The transit plan created by the Metropolitan Transit Commission includes bus rapid transit ...Read More »