Alpenglow finalizes first short-line rail acquisition
Alpenglow Rail LLC, which is backed by private equity firm Stonecourt Capital, completed its acquisition of VIP Rail LLC, a short-line railroad located in Sarnia, Ontario’s chemical valley.
Alpenglow Rail LLC, which is backed by private equity firm Stonecourt Capital, completed its acquisition of VIP Rail LLC, a short-line railroad located in Sarnia, Ontario’s chemical valley.
After an unusual drop in orders for May, Class 8 heavy-duty truck orders were up 7 percent over the previous month and 38 percent over June of last year, according to freight transportation analyst firm FTR.
The Port of Prince Rupert in Canada is undergoing several simultaneous upgrades to expand capacity amid drastic cargo volume growth.
The Federal Maritime Commission on Tuesday hosted nearly 40 industry representatives to spend the next two days sharing strategic information on how to keep the export-side of the U.S. supply chain humming.
South Carolina Ports Authority saw its throughput jump 10 percent to 2.14 million TEUs during its fiscal year 2017, which ran from July 1 to June 30.
Jay Timmons, president and CEO of the National Association of Manufacturers, warns in a Wall Street Journal op-ed that Scott Garrett’s confirmation to Ex-Im Bank chief would be “a terrible deal for our country.”
The Port of Virginia’s fiscal year 2017, which ran from July 1 through June 30, included cargo increases in several categories, including a 7.3 percent rise in TEUs.
Ronald Batory, who has more than 46 years of field and system experience in the railroad industry, retired as president and chief operating officer of Consolidated Rail Corp. on April 1.
The Shanghai Shipping Exchange launched three new Belt and Road shipping indices on Tuesday covering trade and freight movements related to the massive Chinese infrastructure initiative.
The construction risk management firm will provide construction supervision services in support of a $399 million Capital Expenditure Program for the Piraeus Port Authority in Greece.
Last month’s transportation jobs additions were a slight increase from the 5,065 jobs created in May and the 5,054 in April, according to federal data.
The new less-than-container-load (LCL) facility connects to the third-party logistics provider’s road, air and ocean network, as well as complementing its already established full-container-load (FCL) gateway in the region.
A new underground urban logistics center will be built over a period of 15 years near London’s Heathrow Airport, with the above-ground portion slated to be turned into a public park.
The new refrigerated containers are scheduled to arrive at the company’s Jacksonville, Fla. headquarters this summer, and will service the Puerto Rico trade route.
The euro area, made up of 19 nations, saw a 1.3 increase in industrial production in May 2017 while the EU28 saw a 1.2 percent increase, according to the statistical office of the European Union.
U.S. and Canadian limestone shipments in the Great Lakes dropped 7.3 percent in June 2017 compared to the same period a year ago, according to data from the Lake Carriers’ Association.
4flow names executive vice president, Milestone Equipment Holdings appoints president and chief executive officer, the New York/New Jersey Foreign Freight Forwarders & Brokers Association elects new president, and Tideworks Technology names new president.
Hearing on NAFTA modernization The House of Representative’s Committee on Ways and Means will convene a hearing on the modernization of the North American Free Trade Agreement (NAFTA). USCG cyber risks act The U.S. Coast Guard has drafted the Navigation and Inspection Circular (NVIC) 05-17; Guidelines for Addressing Cyber Risks at Maritime Transportation Security Act […]
Zack Kanter’s experience as an auto parts manufacturer gave him an insight into the challenges of connecting with retailers via EDI, so he’s building a business to make it easier.
The two Pacific Rim nations are looking to lower high tariffs and increase markets overseas with the four Latin American countries that make up the Pacific Alliance – Mexico, Peru, Chile and Colombia.