The world’s second largest shipbuilding company attributed the operating loss of 26.3 billion won in the first quarter of 2016 primarily to costs associated with completing offshore oil projects as crude prices continued to plummet.
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped 2 percent year-over-year following a 7.7 percent drop in January, according to the Bureau of Transportation Statistics.
The U.S. Surface Transportation Board has filed a supplemental notice to a proposed rulemaking that would require Class I railroads and the Chicago Transportation Coordination Office to submit weekly data reports on service performance.
Registration takes less than 1 minute.
The U.S. Coast Guard bulletin regarding compliance with the International Maritime Organization's verified gross mass requirement "seems to allow for more flexibility," says Federal Maritime Commission Chairman Mario Cordero.
Sen. Lamar Alexander and Rep. Mike Simpson were named recipients of the AAPA's "Port Person of the Year" award.
Norwegian shipping company DSD Shipping has been sentenced to pay a $2.5 million fine resulting from convictions in Mobile, Ala., for dumping oily waste and garbage into the sea, according to the U.S. Justice Department.