The Federal Transit Administration (FTA) and Federal Railroad Administration (FRA) have selected 17 projects to receive a total of $197 million for the Positive Train Control Grant Program for FY2017.
XPO opens new hubs ahead of holiday shopping season
The eight new last-mile distribution hubs are part of the transportation and logistics provider’s plan to expand its last-mile footprint to 85 hubs by late 2018.
EVA Air Cargo receives first Boeing 777 freighter
The air carrier will receive four additional Boeing 777 freighters by 2019 for use on its Asia and North America routes later this year.
FMC’s NVO rate agreement simplification moves to proposed rulemaking
The U.S. Federal Maritime Commission voted to move forward with issuing a notice of proposed rulemaking in the Federal Register calling for industry feedback into simplifying the agency’s rules and procedures for NSAs and NRAs.
U.S. ratchets down on Cuba trade
The U.S. government has amended Obama-era regulations regarding trade with Cuba to bring them in line with President Trump’s June order to cut off potential American business ties with Cuban government entities.
Deutsche Post DHL ups Q3 profits, revenues
The Bonn, Germany-based parcel carrier and logistics provider recorded net profits of 669 million euros (U.S. $777.6 million) on group revenues of 14.6 billion euros for the quarter, according to the company’s most recent financial statements.
Maersk CEO: ‘We cannot be satisfied with our performance’
A.P. Møller-Maersk CEO Soren Skou said the third quarter was “one of the busiest quarters that this company has ever seen with multiple moving parts” in the Danish’ conglomerate’s third quarter earnings call.
Yang Ming records $42m profit in Q3 2017
The Taiwanese ocean carrier also unveiled expansion plans in Southeast Asia and the Mediterranean amid an 11.1 percent percent year-over-year gain in transport volumes to 1.24 million TEUs for the third quarter.
MPA terminal ceases trucking transactions due to ‘labor/management issue’
The Seagirt Marine Terminal at the Port of Baltimore was closed to trucking transactions for parts of Monday and Tuesday, but has since reopened, according to the Maryland Ports Authority (MPA).
APL alters Asia-India Subcontinent service network
The ocean carrier announced it will split the AS1 while also making port adjustments to the CIX and CI3 services within its India Subcontinent container service network.