The railroad is closing some of its support facilities in Kentucky and Tennessee due to a prolonged downturn in coal volumes.
ITC rules Mexican sugar imports harm domestic producers
The U.S. International Trade Commission has determined that domestic producers of sugar are harmed by imports from Mexico, which the Commerce Department has determined are subsidized.
ATA: Lowering age restriction could ease truck driver shortage
A federal law inhibiting truck drivers from crossing state lines until they turn 21 is “illogical” and is making it more difficult for carriers to attract young drivers, according to Rob Abbott, VP of safety policy at the American Trucking Associations.
G6 Alliance suspends transatlantic loop
German ocean carrier Hapag-Lloyd announced the G6 Alliance will suspend its AX4 service between North Europe and the United States East Coast for the winter season.
Charleston forwards ‘Post 45’ harbor deepening plan to OMB
The dredging project would allow the Port of Charleston, S.C. to handle cargo ships with a draft of up to 48 feet with no tidal restrictions, according to the port.
Commerce starts investigation of India pressure pipe imports
The U.S. Commerce Department on Wednesday started antidumping and countervailing duty investigations for imports of welded stainless pressure pipe from India.
CP net income falls despite record Q3 revenues
Net earnings at Canadian Pacific Railway Limited dropped 19 percent year-over-year to $246.35 million thanks primarily to currency exchange losses on long-term debt, according to the company’s most recent financial statements.
House reps form Congressional Freight Caucus
The discussion group is designed to educate lawmakers about freight issues and lead to more pro-freight legislation, according to founding Reps. Dave Reichert, R-Wash. and Jerrold Nadler, D-N.Y.
Union Pacific sees drop in Q3 earnings
The Omaha, Neb.-based railway posted a net income of $1.3 billion on revenues of $5.6 billion for the third quarter of 2015.
CaroTrans launches 11 new China-U.S. LCL import services
The non-vessel operating common carrier and ocean freight consolidator commenced 11 direct less-than-container-load import services between China and the United States in late Aug. 2015.