The Chengdu-Europe express railway service, which opened in April 2013, German cars could move to China using the overland route is expected to bring cars from Germany to Chengdu in the future.
FMCSA to require electronic logging devices for all commercial trucks
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration announced the adoption of a final rule requiring the use of ELDs across the trucking and bus industries.
CP willing to take NS offer directly to shareholders
Canadian Pacific shareholder and activist investor Bill Ackman of Pershing Square Capital Management said the rival railway’s resistance to CP’s takeover bid is “reasonably likely” to result in a proxy battle.
Executive Moves: U.S. Chamber of Commerce and Intelligrated
U.S. Chamber of Commerce names executive director of transportation infrastructure, while Intelligrated appoints general director of China operations.
COSCO, China Shipping merger deal nears completion
A deal that would combine China’s two largest container shipping companies could come as soon as Friday, according to multiple media reports.
Shippers raise concerns about industry regulations, productivity
Shippers attending the Informa Cargo Logistics America conference in San Diego last week expressed concerns about new container weight regulations and the need for better port productivity in the United States.
NRF: U.S. container imports stagnant in October
Import cargo volumes at the nation’s major retail container ports in October dipped 0.1 percent from a year ago, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
Carriers shake up Asia-Americas loops
Ocean carriers Yang Ming, Hanjin and Hyundai will end their jointly operated WLX/SA2 loop between Asia, the West Coast of Mexico and the West Coast of South America next week and join existing services in the trade to maintain port coverage.
Industry coalition provides insight on container weight regulations
New rules require that after July 1, 2016 shippers will have to provide the “verified gross mass” of containers before they are loaded on ships.
COSCO commences new intra-Mediterranean loop
The Chinese ocean carrier launched its Israel Adriatic Service last week between Egypt, Israel, Slovenia, Italy and Greece.