Canadian Pacific Railway CEO E. Hunter Harrison yesterday struck back at critics of potential rail industry consolidation, saying U.S. regulators could approve a merger and service would improve as a result.
Canadian Pacific Railway’s domestic intermodal push keeps gaining steam, with volume jumping 19 percent year-over-year in the third quarter and demand sometimes even exceeding the railroad’s capacity.
Hamburg Süd said it has taken steps to combat significant delays in vessel arrivals and departures at the ports of Los Angeles and Long Beach as severe congestion at the largest port complex in the Americas has reached a new level of intensity.
Growing U.S.-Mexico trade has attracted a new player into the sparse short-sea market connecting the two countries, with a service aimed at the U.S. Southeast market for northbound cargo.
U.S. imports of ocean containers reached a record high in September, as retailers expect a robust holiday season, but exports continued to decline from soft global demand, making 2014 so far the worst year for container exports in the past four years.
Northern Southern Railway has increased the frequency of its intermodal service to the inland port of Greer, South Carolina, partially reflecting growth at the adjacent BMW plant.
A European construction consortium will begin work this year to expand the Suez Canal under a $1.5 billion contract from the Egyptian government announced on Saturday.
Mexican intermodal volume jumped this week, reaching a high not seen in the last two years, according to the Association of American Railroads, as Mexican shippers increasingly turn to rail to protect their cargo.
Kansas City Southern Railway rode a rebound of container traffic at Lazaro Cardenas port in the third quarter, helping the company hit record revenue in the period.
Coverage on congestion at the Los Angeles-Long Beach port complex continued to interest JOC.com readers this past week, as what could be the worst gridlock to hit the largest port complex in the Americas continues.
An environmental accident was averted Friday after a Canadian tugboat rescued a stranded Russian container vessel hauling hundreds of tons of fuel, according to the Canadian Press.
The Port of Long Beach is temporarily giving container cargo owners three extra days of free time to keep import containers on the docks.
Two organizations in Rotterdam are calling for urgent dialogues concerning the ports' congestion and overcapacity