Guido De Ciccio, senior vice president, Operations Western Region at Canadian Pacific, is retiring after 40 years with the Calgary-based Class I railroad, CP said in a statement.
The South Atlantic port handled 330,846 TEUs in August, up 5 percent from August 2015 and port officials anticipate more container business in the coming years due to GPA’s “Mid-American Arc” initiative.
The Norwegian e-navigation technology and services firm will represent the maritime industry in the European Union’s ENABLE project, which aims to study safety issues surrounding the use of autonomous vehicles in the region.
The Singapore-based ocean carrier, the parent of which was acquired by CMA CGM earlier this year, will purchase slots on the French line’s Victory Bridge loop between Europe, the U.S. South Atlantic and the Gulf of Mexico.
While spot freight rates measured by the Shanghai Containerized Freight Index from China to Northwest Europe and the Mediterranean continued to rise, prices to the United States either remained the same or fell back from last week.
The World Trade Organization has sided with the United States against India’s “domestic content requirements,” which have effectively eliminated exports of U.S. solar technology to the country.
The German liner carrier ordered 5,750 new refrigerated containers from Carrier Transicold and Daikin Reefer, and will gradually integrate them into their existing container fleet in October.
The Russian cargo airline has commenced a twice-weekly Boeing 747 freighter service from Moscow to Seattle-Tacoma International Airport.
The International Longshoremen’s Association has reversed an earlier decision, and agreed to once again work ships operated by the now insolvent South Korean ocean carrier.
The Georgia Ports Authority plans to expand its on-dock rail infrastructure to accommodate unit trains, which officials say will offer greater efficiency for shippers as far away as Chicago and St. Louis.
The Water Resources Development Act would give permission for funding the U.S. Army Corps of Engineers civil works programs, which include dredging ports to enable passage by large vessels and maintaining navigational safety infrastructure.
U.S. Customs and Border Protection is starting to think about a single North American window with Canada and Mexico for its Automated Commercial Environment system, but customs brokers want the agency to focus on fixing ACE’s present state.
Exporters that rely on U.S. Export-Import Bank financing to secure large international deals are frustrated that the bank’s board currently cannot approve transactions of more than $10 million without a quorum.
Lowe Enterprises has signed a tentative agreement to purchase the five-acre property in downtown Charleston that is currently home to the South Carolina Ports Authority, and says it wants to build a luxury hotel on the site.
Truckload pricing dipped another 2.8 percent for the month compared to August 2015, the sixth consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.
The United States Export-Import Bank said starting Sept. 21 it will resume offering short- and medium-term financing in Argentina after being closed in the South America market to transactions for the more than 15 years.
United Airlines and DHL Global Forwarding will increase the number passenger services with refrigerated cargo capacity, as well as grow available cold chain storage for temperature-controlled cargoes, the companies said in a joint statement.
Intermodal pricing dropped for 20th straight month compared with the prior year period, according to the latest Cass Intermodal Price Index, and analysts with Avondale Partners expect the trend to continue through the rest of the year.
Meanwhile, several ports along the Great Lakes have highlighted their success throughout the 2016 shipping season.
The airfreight carrier on Oct. 2 will commence a new direct weekly service between Luxembourg and Aguadilla, Puerto Rico for refrigerated cargo, the company said in a statement.
