New President and CEO E. Hunter Harrison is wasting no time in getting up to speed at CSX, projecting 25 percent year-over-year EPS growth for 2017, increasing quarterly shareholder dividends and instituting a new $1 billion share repurchase program.
Yang Ming’s shares have been suspended on the Taiwan Stock Exchange from last Thursday until May 3 as part of its financial restructuring and reverse stock split.
Aggregate spot container freight pricing on eight major east-west trades between the United States, Europe and Asia are up 102 percent from the same time last year, according to maritime consultant Drewry’s latest World Container Index report.
Registration takes less than 1 minute.
The Road Repair and Accountability Act of 2017 will raise roughly $5.2 billion per year in investment funding for transportation infrastructure over the next 10 years through a series of gas and diesel tax hikes.
The wife of a seafarer who perished when the cargo ship El Faro sank in October 2015 near the Bahamas is asking Congress to establish new regulations aimed at preventing similar tragedies.
Shippers, carriers and terminals swapped accusations in their filings with the Federal Maritime Commission that their positions on detention and demurrage charges are being mischaracterized.