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.
International Longshoremen’s Association President Harold Daggett called the Waterfront Commission of New York Harbor an “evil empire,” and said the bistate crime watchdog agency should be abolished.
The U.S. faces potential sanctions after the World Trade Organization ruled this week that the country has not done enough to amend regulations that require detailed sourcing information on meat products, which was previously found to violate international fair trade rules.
Japan’s trade surplus with the United States expanded for the first time in eight months in September on a year-over-year basis, as exports posted relatively strong growth despite a decline in auto shipments, according to preliminary trade figures released by the Japanese Finance Ministry today.
The American Apparel & Footwear Association and the China Chamber of Commerce for Import and Export of Textiles and Apparel today signed a memorandum of understanding aimed at easing U.S.-China shipments of fashion products in both directions.
Dockworkers in Costa Rica walked off the job today, continuing a long battle over a proposed container terminal operated by APM Terminals with a strike.
Construction on Crowley’s two vessels powered by liquefied natural gas began today, with the first of the pair slated for delivery in second-quarter 2017 and the second expected later that year.
A key indicator of trucking activity was flat in September compared to August, reflecting decreased demand in hauling for retailers but increased business from factories.
DP World's newest Jebel Ali terminal received its first vessel call today, paving the way for the automated terminal to become fully operational next year.
Equipment financing activity skyrocketed in September, rising 31 percent from August and 21 percent year-over-y
British freight forwarders and shippers are struggling with a trans-Atlantic problem: a shortage of skilled truck drivers.