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Work began this week to add a second bank of truck gates at the north end of Norfolk International Terminal and construct the new Interstate-564 Connector, which will take about 740 trucks off local roads each day, according to the Virginia Port Authority.
The ocean carrier said these versatile ships will be able to operate in a variety of trades.
The trucking company and third party logistics provider reported net earnings of $103.4 million in second quarter 2015, compared with $93.4 million in second quarter 2014.
Senat Shipping claimed no wrongdoing or illegal activity on its part, and said the Treasury Departments action is a “misguided measure purely based on Senat's historical dealings with OMM,” according to a report from Reuters.
Oregon Rep. Earl Blumenauer said his recently introduced STRONGER Act would establish an enforcement trust fund that would be "paid for by foreign exporting cheaters."
Singapore-based GLP's $4.55 billion acquisition of IIT's logistics assets will make it second largest logistics property owner and operator in the United States within a year of market entry, the company said.