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A lawsuit from Canadian National Railway accuses a former employee of sharing confidential client information with rival railroad Canadian Pacific, according to multiple media reports.
The Danish conglomerate has been affected by fallen oil prices and low Asia-Europe freight rates.
"In second half of 2015, international trade still won’t be cheerful," CSCL said in its most recent financial statements, pointing to the massive influx of new capacity in the ocean liner industry.
Exports helped drive record throughput in September at the Port of Long Beach, but were the main reason the Port of Oakland experienced a 4.8 percent drop in container volumes.
The derailment of a CSX train carrying Bakken crude, which resulted in a fire that forced the evacuation of hundreds of area residents, was caused by a defect that was missed on two separate inspections, according to the Federal Railroad Administration.
In a response to the ITF recommendations, the International Chamber of Shipping said it prefers a fuel levy, rather than an emissions trading scheme, to reduce greenhouse gas emissions from shipping.