A tentative contract agreement was reached yesterday after railway union TCRC-CTY informed Canadian National Railway over the weekend of an impending strike.
MarAd makes $9.8m in funding available for small shipyards
The U.S. Transportation Department’s Maritime Administration said the funding will support capital improvements and employee training at small shipyards across the country.
Special Coverage: Double-stack trains could boost intermodal traffic at Port of Baltimore
Port officials are hopeful the federal government will approve a $155 million grant to help increase clearances in the Howard Street Tunnel and other locations along the CSX railroad in Baltimore to accommodate trains with containers stacked two high.
FMC reviews 25 OTI license applications
The U.S. Federal Maritime Commission has received 25 ocean transportation intermediary license applications and changes for review.
Army Corps allocates funds for several waterway projects
The U.S. Army Corps of Engineers’ Fiscal Year 2017 Work Plan carves out more than $170 million in funding that will go toward several port deepening and construction projects across the country.
Hub Group to purchase Estenson Logistics
Oak Brook, Ill.-based Hub Group will pay $306 million for the contract logistics firm, which owns and operates more than 1,200 power units and 5,000 trailers.
SCFI rises 2.7%
Since last Friday, the Shanghai Containerized Freight Index increased on trades from Shanghai to Europe and the Mediterranean, but declined on trades to the United States.
Commerce investigates impact of steel imports on national security
A May 24 hearing addressed the debate between steel corporations in the U.S. and China in an investigation into the impact of steel imports on U.S. national security.
Industry groups weigh in on air traffic control privatization
Airlines for America said the Trump administration’s proposal to privatize the nation’s air traffic control system would result in shorter flights, fewer emissions and fewer delays, while the Alliance for Aviation Across America decried the measure.
UPS fined $247m in N.Y. cigarette suit
In the final ruling in the case between the state of New York and UPS, a federal judge convicted the parcel carrier of transporting hundreds of thousands of cartons of untaxed cigarettes into the state from American Indian Reservations.