The freight payment solutions provider has been compiling a national and regional index since 2010, but in the second quarter of 2017 made the data public for the first time.
President Trump’s decision to replace the FASTLANE federal infrastructure grant program means the Maryland Department of Transportation must reapply for funding to expand a critical intermodal tunnel outside the Port of Baltimore.
In an industry as interconnected as global trade and transportation, a serious security breach like the recent Petya cyber attack on Maersk can have far-reaching implications for shippers and fellow service providers alike.
The latest reverse stock split by DryShips Inc., which is currently under investigation for securities fraud, takes effect on July 21, the same day the company’s common shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market.
In its fiscal year that ran from July 2016 to June 2017, South Caroline Ports Authority handled 2.14 million TEUs an increase of 10 percent from the previous fiscal year and an all-time high for the port.
Canadian Pacific Railway saw revenues jump 13 percent to $1.64 billion during the second quarter of 2017 compared to the same period last year, according to the Class I railroad’s most recent financial statements.
The consolidation, which is expected to go into effect by Nov. 1, reduces the number of operating divisions on Class I railway Norfolk Southern’s system from 10 to nine and will affect a total of about 50 employees.
A waterfront space near the Maine seaport may soon contain temperature-controlled warehousing and the new U.S. headquarters for Icelandic ocean liner Eimskip, according to a report from the Portland Press Herald.
Omaha, Neb.-based Class I railway Union Pacific reported earnings per share of $1.45 for the quarter, up from $1.17 per share a year prior and surpassing the Zacks consensus estimate of $1.37 per share.
Delta Air Lines Cargo appoints director, cargo sales for the Asia-Pacific region; and the Transportation Trades Department, AFL-CIO’s executive committee elects president and secretary-treasurer.
The updated Clean Air Action Plan includes near- and long-term strategies grouped into four categories: Freight Efficiency; Energy Resource Planning; Freight Infrastructure Investment & Planning; and Clean Vehicles, Equipment Technology & Fuels.
China proposes stronger trade transparency China has proposed strengthening WTO disciplines on transparency and due process in AD and CVD proceedings. NAFTA panel review A request for a panel review regarding non-alloy steel pipe from Mexico has been issued to the NAFTA Secretariat. Nonimmigrant visa increase The Departments of Homeland Security and Labor have agreed […]
U.S. Rep. Brian Babin, R-Texas, has filed the ELD Extension Act of 2017 (H.R. 3282), which would delay the implementation of the electronic logging device mandate for commercial trucks from December 2017 to December 2019.
CSX Corp.’s second quarter 2017 net earnings, revenues and volumes all increased from a year prior, as E. Hunter Harrison completed his first full quarter as chief executive officer of the Jacksonville, Fla.-based Class I railway.
U.S. Magistrate Judge Dave Lee Brannon ruled that Shipping and Transit’s litigation fit the definition of a “nuisance” lawsuit, under which the plaintiff filed multiple suits against a large and diverse group of defendants hoping that each would settle.
The investor group, known as Nesta Investment Holdings Ltd., will pay $2.47 per share for Global Logistics Properties, about $11.7 billion total, one of the biggest-ever private equity buyouts of an Asian company by enterprise value.
U.K. Transportation Secretary Chris Grayling said that the vote was again being pushed back due to the timing of the country’s recent national general election vote.
Financial services firm HSBC has entered into a new supply chain finance partnership with GT Nexus, a provider of cloud-based business applications.
The Belgian port recorded year-over-year tonnage increases in the container, breakbulk, liquid bulk and dry bulk sectors for the first half of 2017.
The U.S. Department of Agriculture said a recent case of bovine spongiform encephalopathy (BSE) detected in an Alabama cow poses no risk to the food supply or human health in the United States or abroad.
