Fairfax investing another $500 million in Seaspan
Seaspan says deal will bolster its strategy to lead consolidation in containership sector.
Seaspan says deal will bolster its strategy to lead consolidation in containership sector.
The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement rose 5.5 percent year-over-year in March following an 8.7 percent jump the previous month.
The containership owner and operator posted a first-quarter net profit of $500,000 on revenues of $28.3 million.
Global demand for air freight climbed 4.1 percent for the month after a 1.7 percent uptick in March.
Kansas City Southern chief is tapped to serve on the board of directors.
The 26 rubber-tired gantry cranes carry a price tag of $46.4 million.
Schwichtenberg named safety chief; Malin will head operations.
The Commerce Department has laid the groundwork for the assessment of countervailing duties on U.S. imports of certain plastic decorative ribbon from China.
The Commerce Department has finalized antidumping duty amounts for imports of citric acid and certain citrate salts from Belgium, Colombia and Thailand.
The Eagle Express X service will launch in August.
Introduced in New York/New Jersey, the product offering will be expanded to Los Angeles/Long Beach in June.
Full operations are expected to resume Thursday at 0600 local time across Canada after conductors and locomotive engineers went on strike Tuesday night.
European Shippers Council polls members about benefits of shipping consortia.
Shippers express concern about the effects a strike by Canada’s second-largest Class I railway may have.
Three whistle-blowers will receive about $4.4 million as part of the False Claims Act.
Some shipments may be affected as officials investigate the Wednesday morning explosion in Lexington.
The top Republican and Democrat on the committee sent letters to shippers, online retailers, payment processors and rights holder trade associations on Wednesday “to help inform a public report.”
The Florida-based TMS provider is the Australian company’s seventh acquisition so far this year.
The agency is collecting comments, data for review of the national security impacts of car, parts imports.
The annual growth rate of 2.2 percent in the first quarter of 2018 is down from 2.3 percent in its initial projection and 2.9 percent the previous quarter.