Executive Moves: Sunset Transportation and RailWorks
Sunset Transportation names VP of sales and marketing, while RailWorks appoints CEO.
Sunset Transportation names VP of sales and marketing, while RailWorks appoints CEO.
Georgia Ports Authority Executive Director Griff Lynch said the Port of Savannah is quickly recovering from Hurricane Matthew, but cargo vessels are unable to reach the port until navigational aids are repaired.
Georgia Ports Authority Executive Director Griff Lynch said the Port of Savannah is quickly recovering from Hurricane Matthew, but cargo vessels are unable to reach the port until navigational aids are repaired.
Nationwide trucker and third-party logistics services provider Schneider National said it will seek an initial public offering of its common stock next year.
An increasing amount of shippers are requesting “hidden” financial data from carriers, following weak carrier financials and Hanjin’s bankruptcy filing, according to shipping research and consulting firm Drewry.
Hurricane Matthew caused minor damage at ports from North Carolina to Florida, but operations have returned to normal, except at the Port of Savannah.
The Rhode Island Department of Transportation said it will implement bridge tolls throughout the state for tractor trailer operators, a plan that has been met with protests from trucking associations, following federal approval.
Transport Minister Kang Ho-in called the walkout by more than 7,000 unionized truckers “unjustified” and “an act of betrayal,” vowing swift action against participants, according to a report from Korea’s Yonhap News Agency.
Transportation and logistics companies cut 9,000 positions last month, following two consecutive months of hiring gains, according to recent preliminary data from the U.S. Department of Labor.
It’s not all bad news, however, as the shipping and logistics providers planning railcar orders said they were more certain about placing those orders compared with the second quarter, according to a survey conducted by investment firm Cowen and Co.
Negotiators for the Transatlantic Trade and Investment Partnership, a trade agreement between the United States and the European Union, remain optimistic that an agreement will be reached, although political support has waned.
The Japanese ocean carrier estimates it will report extraordinary losses totaling 195 billion Japanese yen (U.S. $1.89 billion) in fiscal 2016 due to continued weakness in container and dry bulk freight rates, according to a statement from the company.
The Korean Register’s 63-year-old chairman and chief executive officer, B.S. Park, died Monday following a brief illness.
Kansas City Southern Railway has named Watco Transloading as operator of its new Zacha transload facility in Dallas, which offers 9,523 feet of track space and 80 acres of outside storage, the company said in a statement.
The pilot was involved in an accident in Gravesend Reach while boarding the general cargo ship Sunmi and emergency responders were unable to save his life, the Port of London Authority said in a statement.
Members of the International Civil Aviation Organization have agreed to measures aimed at enabling the aviation industry to reach carbon neutral growth from 2020.
The U.S. Justice Department said Thursday that three men were arrested on charges of illegally exporting military technology to Russia.
The newly delivered aircraft is the fifth of 20 Boeing 747-8s ordered by the airline group in July, bringing subsidiary AirBridgeCargo’s fleet to 16 747-class freighters, the company said in a statement.
Ocean carriers Maersk Line, MSC, CMA CGM, Hapag-Lloyd and OOCL announced new freight rates on various trades.
Ocean carriers Maersk Line, MSC, CMA CGM, Hapag-Lloyd and OOCL adjusted freight rates on various trades.