A group led by the Competitive Enterprise Institute sent a letter to Congress calling the Surface Transportation Board’s proposal to increase reciprocal switching an “unlawful attempt to push the U.S. railroad industry back into the economic dark ages.”
The French shipping company, which acquired Neptune Orient Lines and its APL subsidiary earlier this year, is seeking a buyer for the APL container terminals.
Richard G. Phillips will remain chief executive officer of Pilot Freight Services, and his family “will maintain a significant equity stake” in the company.
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Hanjin opposed Ashley Furniture’s motion for a freeze on the amounts it owes the carrier, along with a reduction in the amounts owed, saying in a court filing that if the motion was granted, its ability to reorganize would have been severely jeopardized.
Maersk Group’s intra-Americas regional carrier SeaLand said its West Coast Central America service has begun including a direct call at the Port of Hueneme in Southern California.
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.