There isn’t enough time before the first report on port performance is due for the Bureau of Transportation Statistics to develop new ways of measuring cargo fluidity and capture the data, according to Deputy Director Rolf Schmitt.

The U.S. Department of Justice filed a reply in opposition to Canadian Pacific’s petition for a declaratory order from the Surface Transportation Board regarding use of a voting trust in its proposed acquisition of Norfolk Southern.

Combined United States carload and intermodal cargo volumes fell 11 percent in March compared with March 2015, according to data from the Association of American Railroads.

Meanwhile, the U.S. Army has sent a letter to the Surface Transportation Board opposing the proposed acquisition as a potential threat to national security.

The European container terminal operator posted net profits of 73.5 million euros on revenues of 591.3 million euros, year-over-year increases of 13.4 percent and 4.5 percent, respectively.

Port Freeport picks new CEO, while IFCO appoints VPs for commodity management and grower sales and TruckSmart names national accounts director.

Container spot rates as measured by the Shanghai Containerized Freight Index dipped 4.4 percent since last week, but the Ningbo Containerized Freight Index and the World Container Index both posted comprehensive increases.

A downbeat report from the London-based shipping consultant says freight rates are low and low oil prices are unlikely to drive profitability for the Danish conglomerate, but that stock in A.P. Moller Maersk is still a relatively low risk investment.

Transportation Secretary Anthony Fox said members of the American Association of Port Authorities should lobby Congress about the benefits of the Trans-Pacific Partnership, a Pacific Rim free trade deal negotiated by the Obama administration.

A recent decline in the value of the U.S. dollar is benefiting exports, but it is too early to declare a trend, according to Port of Oakland Maritime Director John Driscoll.