Charles “Wick” Moorman, who was the former CEO of Class I railroad Norfolk Southern Corp. until June 2015, will head Amtrak effective Sept. 1.
FWI: Mexico’s central region reports the most cargo thefts
In addition to typical problems drivers face while transporting cargo, Mexico’s militant teacher’s union known as the National Coordinator of Education Workers has been conducting roadblocks in response to the 2013 education reform.
GLP establishes partnership with China International Marine Containers
Singapore-based provider of logistics facilities, GLP, signed a strategic cooperation framework agreement Thursday with China International Marine Containers.
JDA gains $570m in private equity funds to ward off Honeywell interest
The supply chain software provider has been the rumored target of industrial conglomerate Honeywell, but instead gets additional capital from Blackstone and majority owner New Mountain Capital.
U.S., Chinese officials discuss Zika rule
Representatives from the U.S. Embassy in Beijing met with the director general of China’s Inspection and Quarantine Ministry to gain more information about how shippers can comply with China’s requirement that shipments from the nation be mosquito-free.
Italian crew remains in limbo in Great Lakes harbor
The Ardita, which arrived at the Canadian port in April, remains in limbo due to a legal dispute over the sale of the vessel.
Sinotrans losses widen in first half 2016
The Hong Kong-based container and bulk shipping company reported a net loss of $40.2 million in the first six months of 2016 as revenues slid 20.5 percent to $385.8 million compared with the same 2015 period.
Marseille Fos cargo volumes jump 18.6% in July
The French Mediterranean port posted a total cargo throughput of 7.8 million metric tons for the month as container volumes grew 12 percent to 112,768 TEUs compared with July 2015.
Executive Moves: Dachser, New Orleans Public Belt Railroad and ECU Worldwide
Dachser prepares way for new chief operations officer, while the New Orleans Public Belt Railroad names business development director, and ECU Worldwide relocates two regional sales managers and appoints to others to its USA management team.
Maersk: Splitting company in two ‘one of many options’
Louise Muenter, head of media and stakeholder relations at A.P. Moeller-Maersk, said a corporate restructuring is a possibility following a report the Danish shipping conglomerate could be split into separate transportation and energy companies.