Wabtec, GE Transportation merging
The deal to “bring together two global leaders in rail equipment, services and software” is valued at about $11.1 billion.
The deal to “bring together two global leaders in rail equipment, services and software” is valued at about $11.1 billion.
Agriculture committee chairman vows another vote.
Performance may decrease significantly before operations cease; meanwhile, GeoSpace Labs is offering incentives for abandoned customers.
The Shanghai Containerized Freight Index fell 3.2 percent last week, while Drewry’s World Container Index slipped 1.1 percent from a week prior.
Throughput at terminals operated by the Northwest Seaport Alliance slipped another 1.1 percent for the month following a 9.6 percent year-over-year decrease in March.
Germany’s largest port saw a 18.2 percent year-over-year decline in bulk cargo volumes.
The Scottish port’s resurfacing development project at the container terminal will be finished later this year.
Andy Janson is named COO and successor to President F. Brooks Royster.
The Water Resources Development Act provides for improvements to the nation’s ports, inland waterways, locks and dams.
Driver’s license applicants were supplied with fake documents and exam answers.
The Subcommittee on Highways and Transit will hear testimony on FAST implementation.
Copper River fish fans celebrate with a cook-off at Sea-Tac Airport.
International Longshoremen’s Association claims non-union operations have eroded working conditions at terminals in and around Philadelphia.
Maritime analyst says in a capital-intensive sector, higher percentages will weigh heavily on debt-laden companies.
The International Maritime Organization aims to reduce ship emissions by 2020 and 2050, causing shipping companies to weigh antipollution technologies.
Leaders of the European Union aim to ameliorate the effects of sanctions on EU firms following President Donald Trump’s decision to withdraw from the Iran nuclear deal.
The South Korean ocean carrier posted a net loss of U.S. $162.3 million for the first quarter but is still investing in newbuilds and a container terminal.
Saltchuk has appointed Tim Nolan president and CEO of TOTE, succeeding Anthony Chiarello, who will depart the domestic ocean carrier on July 16.
In some cases, foods will still be subject to a June 18 compliance date, but in other cases, the deadline has been pushed back one to two years.
Randall E. Curran and Welsh, Carson, Anderson & Stowe initially will focus on U.S.-based contract logistics and transportation management firms.