Florida East Coast Railway Holdings Corp. will be acquired by GMéxico Transportes S.A. de C.V. in an all cash transaction.
The Atlanta-based parcel giant added four stations in China, and one station each in Poland and Germany to its full and less-than-container load multi-modal rail service between Europe and China.
The port terminal operator arm of the recently merged China COSCO Shipping saw earnings tumble 42.5 percent to $247 million for the full year in 2016 despite a 1.2 percent increase in revenues compared with the previous year.
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Taneli Ruda, head of ONESOURCE Global Trade, has analyzed whether the Trans-Pacific Partnership is likely to move forward without the United States, and what approach the Trump administration will take on trade in general.
Taneli Ruda, head of ONESOURCE Global Trade, said the election of Donald Trump won’t cause trade liberalization to grind to a halt across the world, but it should cause those who run multinational corporations to carefully contemplate its implications.
Florida Governor Rick Scott discussed his recommended transportation and infrastructure budget for FY 2017-2018 on Monday during a press conference at JAXPORT.