The North Carolina Department of Transportation is holding public hearings this week to discuss two proposed projects that would eliminate seven road-level crossings on a CSX rail line in Wake Forest and Raleigh.
Omaha, Neb.-based Class I freight railroad Union Pacific is combining its Pocatello service unit leadership with its Portland and Utah units and reassigning five management positions to other locations, the company said in a statement.
Starting March 26, 2017, Air France KLM Martinair Cargo began offering direct connections between Paris and Accra, Ghana, as well as Amsterdam and Freetown, Sierra Leone; Monrovia, Liberia; Cartagena, Colombia; and Minneapolis, Minn.
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The Danish ocean carrier’s plan to acquire Hamburg Süd in 2017 caps a landmark year for consolidation in the container shipping industry, noted Mario Cordero, the chairman of the Federal Maritime Commission.
The South Korean liner carrier’s bankruptcy, which resulted in hundreds of thousands of shipments around the world being delayed, was the biggest in the container shipping industry since the 1986 bankruptcy of U.S. Lines.
The international shipping organization said 2017 will be another die-hard year of competition and it projects the container shipping segment to see a net fleet growth of around 3.1 percent in 2017 compared with an estimated 1.1 percent in 2016.