Association of American Railroads President and CEO Edward R. Hamberger expressed how the rail industry’s position, which remains unchanged, claims forced access is an ill-conceived approach that compromises the efficiency of the entire network.
The Panama Canal Authority said it is confident in the process it uses to move ships through the new locks at the canal, following an accident last week that damaged the Xin Fei Zhou after it made contact with one of the walls at the Agua Clara Locks.
The TMS provider was acquired by fellow logistics software firm Kewill in April, and the companies are progressing on merging products and organizations, Lean executives said in a briefing.
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The Calgary-based Class I railroad cited lower-than-anticipated bulk volumes, the devastating wildfires in northern Alberta and a strengthening Canadian dollar as the primary reasons for the downward revision in earnings expectations.
The Philadelphia Regional Port Authority's board of directors has named Jeff Theobald as its new chief executive officer, replacing James T. McDermott, Jr.
Wallenius Wilhelmsen Logistics has agreed to plead guilty and pay a $98.9 million criminal fine for its involvement in a conspiracy to fix prices on international ocean shipments of roll-on/roll-off cargo.