The Berkshire Hathaway-owned Class I railroad has agreed to clean up coal and petroleum coke spilled from open-top rail cars, as well as pay $1 million to fund environmental projects in Washington state, according to the Seattle Times.
Port of Marseilles Fos sees higher volumes, revenues in 2016
The French Mediterranean port handled 1.25 million TEUs for the year, a 3 percent increase from 2015 and a new record for the port, according to a statement from the port authority.
CSX begins management cuts amid Harrison appointment
The Jacksonville, Fla.-based Class I railroad started the process of laying off around 1,000 employees yesterday, according to a report from local NBC/ABC affiliate First Coast News.
Deutsche Post DHL aims to reduce emissions
Deutsche Post DHL Group aims to reduce all logistics-related emissions to zero by the year 2050, and is piloting a new City Hub concept that will increase use of cargo bikes for inner-city deliveries.
Deutsche Post delivers record earnings in 2016 despite lower revenues
The Bonn, Germany-based parcel carrier and logistics provider saw consolidated net profits soar 71.4 percent to 2.64 billion euros for the year, even as revenues slipped 3.2 percent to 57.33 billion euros.
Executive Moves: AA Cargo and WPL
American Airlines names new president of cargo and vice president of global sales, while Wen-Parker Logistics hires U.K. sales manager.
Yilport Holding box volumes up 5% in 2016
The global port terminal management and logistics subsidiary of Yildirim Group handled 3.93 million TEUs at its container terminals for the full year in 2016, according to a statement from the company.
Commentary: American-Hawaiian Steamship and the C-4s
Captain James McNamara, chairman of the Maritime Industry Museum at Fort Schuyler, N.Y., has looked into the history of the American-Hawaiian Steamship Co.
Report: EU court reverses ruling on 2013 UPS-TNT deal
A European Union court on Tuesday struck down a 2013 decision by the European Commission to block the parcel giant’s planned takeover of Netherland-based express carrier TNT Express, which was later acquired by UPS arch rival FedEx.
IATA: Airfreight volumes rise 6.9% in January
However, volumes carried by Latin American airlines fell 4.1 percent year-over-year in January, as the region continues to be blighted by weak economic and political conditions.