New President and CEO E. Hunter Harrison is wasting no time in getting up to speed at CSX, projecting 25 percent year-over-year EPS growth for 2017, increasing quarterly shareholder dividends and instituting a new $1 billion share repurchase program.
Yang Ming’s shares have been suspended on the Taiwan Stock Exchange from last Thursday until May 3 as part of its financial restructuring and reverse stock split.
Aggregate spot container freight pricing on eight major east-west trades between the United States, Europe and Asia are up 102 percent from the same time last year, according to maritime consultant Drewry’s latest World Container Index report.
Registration takes less than 1 minute.
The debut of “THE” Alliance and the OCEAN Alliance caused a rise in capacity on the transpacific trade, according to the latest quarterly World Liner Supply Report from BlueWater Reporting.
The third-busiest port complex in North America has spent billions raising the Bayonne Bridge and dredging New York harbor in preparation for larger containerships.
The South Coast Air Quality Management District proposed a tax on container shipments to fund incentives for further reducing ozone levels.