Number four U.S. railway Norfolk Southern reported net income of $405 million for the second quarter compared with $433 million during the same 2015 period, according to the company’s most recent financial statements.
Canada's Transport Minister Marc Garneau has moved up the deadline for phasing out the use of older DOT-111 tank cars for crude-by-rail transport, according to the Canadian government department responsible for transportation policies and programs.
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 cocaine was discovered aboard the MSC Poh Lin, which according to ocean carrier schedule and capacity database BlueWater Reporting, operates on MSC’s California Express service.
Both carriers have refuted analyst reports that industry leader Maersk Line intends not just to bring Hyundai Merchant Marine into the 2M Alliance it shares with MSC, but to merge with or buy the struggling South Korean line.
South Korea’s second largest shipping line seems to be turning a corner in its debt restructuring of late, and has now set its sights on joining the leading vessel sharing agreement by capacity on the major east-west trades.