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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The automaker said it will keep open a production line for one of its models at a Kentucky plant instead of relocating it to Mexico and President-elect Trump hailed the decision.
Outgoing Vice President Joseph Biden released a report Tuesday outlining the benefits of the 2009 American Recovery and Reinvestment Act on improving the nation’s transportation infrastructure.
Matson spokesperson Keoni Wagner told American Shipper that the move to the AWS Cloud was a phased process, which began in the fall of last year and was completed in August.