About John Dugan

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So far John Dugan has created 3 blog entries.

Grupo Mexico to Buy Florida East Coast Railway: What This Signals

Fortress Investment Group is selling the Florida East Coast Railway to a Mexican interest and this is a quite interesting transaction for several reasons. Fortress may be a seller that would sell to anyone willing to pay the right price - and you would expect as much, but the wider story is that FECR is a strong addition to someone else's business strategy. Grupo Mexico's purchase is a strategic play to establish railroad transportation presence in the US and for the expansion of intermodal service. There is certainly growth potential for FECR as evidenced by the Ports they serve.

By |2019-06-14T11:04:00-07:00April 16th, 2017|Blog, Uncategorized|

Knight-Swift Merger: A Taste of What’s to Come in US Trucking?

Certainly to many the announced trucking industry merger caught some by surprise. Both companies have been well-run with class-leading best practices and the new company will be headquartered in Phoenix, Arizona. It will be the largest in its business class and a huge enterprise with $5B in annual revenues, supported by 23,000 tractors, 77,000 trailers and 23,000 employees. To most sector analysts, this match-up makes sense and will create a North American trucking industry behemoth.

By |2017-04-15T21:56:12-07:00April 15th, 2017|Blog, Uncategorized|

New CSX Chief To Lead Changes

What was widely expected in freight railroad and intermodal circles became official on March 6th, when Class I railroad carrier CSX officially announced that E. Hunter Harrison was named CEO of Jacksonville, Fla.-based CSX. WSJ’s Jacquie McNish and David Benoit reported that the announcement ended a fight over control of CSX by giving the Hunter Harrison a four-year contract and a mandate to overhaul operations at one of the country’s biggest railways. But the changes won’t be assured to happen until after the railroad holds its annual meeting.

By |2019-06-14T11:04:04-07:00March 22nd, 2017|Blog, Uncategorized|
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