The demise of the network of electric trolley cars that once crisscrossed Los Angeles is an important and controversial chapter in the history of public transportation.
The program was developed and implemented by the Santa Barbara County Air Pollution Control District, Channel Islands National Marine Sanctuary and the Environmental Defense Center.
The bank also announced that it will pledge $3 billion in financing to support U.S exports to Sub-Saharan Africa over the next two fiscal years.
The White House announced Tuesday that the United States has entered an agreement to boost trade and investment with the Economic Community of West African States. “Africa is an increasingly critical trading partner for the United States, and the signing of this Trade and Investment Framework agreement with the 15 countries of […]
Less-than-truckload carrier Dayton Freight has relocated its Columbia, Mo., service center. The facility includes 32 truck doors and was “constructed in response to increased customer demand,” the company said. Dayton Freight has operated in Missouri since 1986 and has four facilities in the state, including Columbia, Springfield, Sikeston and St. Louis.
Ships transiting the Panama Canal have relatively fewer accidents than those using the Suez Canal or the Kiel Canal, and the number of ship casualties has dropped over the past decade, according to the German insurance company Allianz in a new report, Panama Canal 100: Shipping safety and future risks. But the insurer […]
Net profit for the second quarter rose by 9 percent to 461 million euros. Operating earnings ended the quarter at 654 million euros, up by almost 6 percent, year-over-year.
“The second quarter results were indicative of a rebounding economy and higher-than-predicted import shipments,” said Joni Casey, president and chief executive officer of the Intermodal Association of North America.
International air cargo demand ticked up in June by 2.3 percent, when compared to June 2013, after showing a 4.9-percent rise in May, according to the latest figures from the International Air Transport Association.
There was more merger and acquisition activity in the transportation and logistics industry in the second quarter of 2014 than in the first quarter of this year, according to PricewaterhouseCoopers.
The Panama Canal Authority and the consortium working on the expansion project have signed an agreement that incorporates a variation reached in March to the original 2009 contract.
King Ocean moved approximately 140,000 TEU through Port Everglades in the fiscal year that ended Sept. 30, 2013, and recently added a 7.3-acre Midport marine terminal to its existing 33.8-acre Southport terminal.
Delta Air Lines flew 218.2 million cargo ton miles in July, an 8.4-percent increase, year-over-year. For the first seven months of the year, Delta’s 1.35 billion cargo ton miles represents a 0.5-percent increase over the same period in 2013.
The Chilean shipping company CSAV said Monday it has raised $108 million through the sale of shares in the first part of a previously announced rights offering. The company is seeking to raise a total of $202 million and will offer the remaining shares next week to shareholders in a second pre-emptive rights period […]
Bigger consortia and alliances among container carriers will allow carriers to use assets more efficiently, meaning they are likely to “better fine tune vessel capacity to seasonal cargo demand,” according to Drewry. In the most recent issue of its Container Insight Weekly, the London-based consultant wrote, “The balance between supply and demand in […]
Hervé Montjotin, Norbert Dentressangle’s CEO, said the deal “is a key milestone in Norbert Dentressangle’s development strategy to become a top-tier player in global supply-chain management.”
The president and chief executive officer of Xcel Energy, Ben Fowke, Thursday sent a letter to the STB outlining his “concern over the ability of the BNSF to deliver sufficient coal to our electric generating stations.”
PostNL, which holds a more than 14.5-percent stake in TNT Express, saw revenue increase by 3 percent, year-over-year, during the second quarter, finishing the period at 1.02 billion euros. Operating income jumped by 137 percent, year-over-year, to 85 million euros. Net profit for the period increased to 44 million from 3 million during […]
Hewlett-Packard Co. has agreed to pay $32.5 million to settle allegations under the False Claims Act that it overcharged the U.S. Postal Service for products between October 2001 and December 2010, the Justice Department said Friday. The U.S. government alleged that despite a contract agreement, HP overcharged USPS by failing to comply with […]
Maersk said Friday it will implement a general rate increase for container shipments moving from Asia to the United States and Canada, effective September 1. Maersk said it will increase rates by $480 for 20-foot dry containers, $600 for 40-foot standard dry container, $675 for 40-foot high cube dry containers, $760 for 45 […]
