The purchase, which includes 600 controlled-atmosphere containers, follows a previous order for 5,000 refrigerated containers announced last month.
G&W Australia closes on $856m acquisition of GRail
Concurrent with the deal for Glencore Rail, the Australian subsidiary of short line and regional rail operator Genesee & Wyoming has issued a 49 percent equity stake to funds managed by Macquarie Infrastructure and Real Assets.
FMCSA establishes clearinghouse for CDL drug, alcohol testing
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration today announced a final rule establishing a national database for the drug and alcohol testing records of commercial truck and bus drivers.
CMA CGM launches intra-Med loop
The French ocean carrier commenced the ADRIMED Express, which deploys three vessels that connect Egypt, Malta, Croatia, Italy and Slovenia.
Formal federal judge named ILA’s Ethical Practices Officer
The International Longshoremen’s Association said that former U.S. District Judge Joel A. Pisano has been appointed as the union’s Ethical Practices Officer, replacing Judge Milton Mollen.
SCFI ticks up 1.6%
The index’s slight increase reflected how the rate boost on the Shanghai to Northwest Europe and Mediterranean trades was partially offset by modest declines on the Shanghai to U.S. trades.
Maersk’s plan to buy Hamburg Süd caps active year for consolidation
The Danish ocean carrier’s plan to acquire Hamburg Süd in 2017 caps a landmark year for consolidation in the container shipping industry, noted Mario Cordero, the chairman of the Federal Maritime Commission.
U.S. transportation sector hiring grows for second straight month in November
Transportation and logistics companies added 8,900 positions last month, following a revised 12,200-job increase in October, according to recent preliminary data from the U.S. Department of Labor.
Shuster to continue serving as T&I Committee Chairman
U.S. Rep. Bill Shuster, R.-Pa. has been selected to continue serving as the Transportation and Infrastructure Committee Chairman.
FMC’s Doyle: ‘THE Alliance’ creates safeguards in case a member goes bankrupt
FMC Commissioner Doyle says provisions in new vessel sharing agreement could protect other members in the event of a Hanjin-like bankruptcy.