Ocean carriers are postponing congestion surcharges proposed in reaction to the ongoing ILWU and PMA labor discussions impacting West Coast ports.
The government has allowed limited private participation in rail infrastructure for a decade and is now seeking $1 billion.
U.S. steel imports rose 12.7% in October, month-over-month, to 4.4 million net tons, driven by volume increases from Brazil, South Korea and Turkey.
The European Commission is taking Austria to court due to mismanagement of public rail funds.
CMA CGM believes there are synerigies with another short sea operator it owns, McAndrews.