Shares in the Jacksonville, Fla.-based Class I railroad jumped 23.4 percent on Thursday to close at $45.51 following reports outgoing Canadian Pacific CEO E. Hunter Harrison could be eyeing CSX as his next landing spot.
Amsterdam Airport Schiphol reported a cargo throughput of 1.66 million metric tons for the full year in 2016, a 2.5 percent increase compared with 2015 and a record for the airport.
Yang Ming responded by saying it has unwavering support of Taiwan’s government and has "proactively reorganized internally to effectively reduce its operating costs."
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Many small shippers entering the online retail fray may not be aware that air cargo-specific hazardous materials transportation regulations even exist, let alone apply to their products.
The heating, air-conditioning and refrigeration solutions provider said it is backing off plans to shift production from a plant in Indiana to Mexico after striking a deal with President-elect Donald Trump and the state of Indiana.
Atlanta-based shipping and logistics provider UPS said it will invest more than $175 million to expand its main Columbus, Ohio ground package hub, which is located on 90 acres on the city’s west side.