Combined U.S. carload and intermodal cargo volumes increased 6.4 percent in May 2017 compared to the same period last year, according to data from the Association of American Railroads (AAR).
Atlas Canada acquires Connect Logistics
Atlas Canada, a subsidiary of Atlas World Group, has acquired freight brokerage Connect Logistics of Mississauga, Ontario, for an undisclosed sum.
U.S. Chamber launches U.S.-Mexico Economic Council
The U.S. Chamber of Commerce this week started the U.S.-Mexico Economic Council, an organization that will work to improve economic and commercial partnerships between the two countries.
DHL’s Hewitt: France’s new president good news for international trade
Emmanuel Macron was officially sworn in as the president of France on May 14, which will be good for the future of international trade between France and countries across the globe, according to DHL Express U.S. CEO Greg Hewitt.
CBP wants travelers to know ugly truths of counterfeits
U.S. Customs and Border Protection’s new “The Truth Behind Counterfeits” campaign will focus on international air travelers who may be tempted to purchase counterfeit goods while abroad.
Hapag-Lloyd to implement booking cancellation fee
Following similar announcements by Maersk Line and CMA CGM, the German ocean carrier will begin charging a $60 fee for all cancelled bookings between Singapore and India, effective June 9.
Port Everglades to purchase three super post-Panamax gantry cranes
Three new cranes, with the option of purchasing an additional three cranes within five years, will be delivered to the South Florida seaport by 2019 as part of its $437.5 million expansion program.
FMC’s Dye: ‘I’ve never seen a regulation I liked’
Federal Maritime Commissioner Rebecca Dye told the 29th annual Agriculture Transportation Coalition conference that consolidation in the ocean shipping industry isn’t necessarily a bad thing, while touting the benefits of incremental deregulation.
UP to invest $300m in its infrastructure in seven states
Omaha, Neb.-based Class I railroad Union Pacific will spend more than $318 million on infrastructure improvements across seven U.S. states this year in an effort to boost safety and efficiency.
Maersk to offer trade financing in six U.S. states
The world’s largest ocean carrier has piloted a program in four countries to offer loan capital to shippers and has recently expanded that facility to importers and exporters to the United States.