The U.S. International Trade Commission has determined the domestic industry is harmed by imports of welded stainless steel pressure pipe from India, which Commerce determined is subsidized and sold in the United States at less than fair value.
C.H. Robinson’s net income drops 7.5% in Q3
The third-party logistics provider’s earnings per share for Q3 2016 fell short of analyst expectations, largely due to net revenue margin pressure as contractual sell rates fell faster than spot buy rates, William Blair Equity Research said.
10-4 to integrate project44 LTL APIs
The shipment tracking technology provider will use APIs from project44 to get more real-time data around rating, transit time, and dispatch versus entrenched EDI message sets.
CN profits decline in Q3 as volumes, revenues dip
Montreal, Canada-based Class I railway Canadian National saw net income for the third quarter of 2016 fall 2.9 percent to C$972 million (U.S. $727.6 million) on revenues that slid 6 percent to C$3.01 billion compared with the same 2015 period.
Owners of the <em> Nils B</em> plead guilty to environmental crimes
Two German shipping companies that owned and operated the cargo vessel Nils B have pleaded guilty before a federal court in San Diego on Tuesday to charges of dumping oily bilge into the sea.
Truckers, retailers want authority to oversee PierPass program
The National Retail Federation, the California Trucking Association Intermodal Conference and the Harbor Trucking Association have proposed a “joint powers authority” to oversee funding of night and weekend terminal operations.
WSJ: Suez Canal looking to secure advance payment for tolls
Mohab Mamish, chairman of Egypt’s Suez Canal Authority, told the Wall Street Journal the authority is asking regular users of the canal to pay for fees as much as five years in advance in return for a 3 percent discount.
Norfolk Southern increases net income in Q3
The Class I railway’s net income rose 2 percent year-over-year in the third quarter of 2016 to $460 million, despite a weak coal segment.
Port of Houston’s box volumes remain flat
Meanwhile, the Port Commission approved a $4 million modernized gate system contract for trucks that will include optical character recognition technology to identify and track containers, chassis and tractors.
UK green lights $20b expansion at London Heathrow
The expansion will include a new runway to ease capacity constraints and could benefit the UK economy by as much as 61 billion British pounds and create as many as 77,000 jobs over the next 14 years, the Department for Transport said in a statement.