The new Landstar U.S./Mexico Logistics Service Center’s yard is capable of holding over 450 trailers, 2.5 times the capacity of its previous Laredo facility.
The nominations of Wilbur Ross as Secretary of Commerce and Elaine Chao as Secretary of Transportation have been approved by the Senate Committee on Commerce, Science, and Transportation, and now move to the full Senate for approval.
Brian A. Kenney, president and chief executive officer of GATX Corporation, said the company achieved record earnings per share for the full year of 2016.
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Yang Ming responded by saying it has unwavering support of Taiwan’s government and has "proactively reorganized internally to effectively reduce its operating costs."
The House and Senate have advanced legislation that includes the Water Resources Development Act, which authorizes the U.S. Army Corps of Engineers to dredge ports and maintain locks on inland waterways essential to commerce.
The Floridian port is ready to launch a second round of investment - this time with the goal of increasing capacity and service levels within the container yard.