U.S. Sens. Cory Booker and Robert Menendez of New Jersey and Charles Schumer and Kirsten Gillibrand of New York wrote a letter urging new Transportation Secretary Elaine Chao to visit aging transportation infrastructure throughout their states.
Port of NY/NJ box volumes slip 1.7% in March
Through the first three months of 2017, however, the largest port on the U.S. East Coast has seen container throughput tick up 2.4 percent, surpassing the previous first-quarter record set in 2016, according to recent figures from the port authority.
Executive Moves: Ward Transport and Greenbrier Cos.
Ward Transport and Logistics hires new chief operating officer, while the Greenbrier Cos. appoints executive vice president and chief financial officer.
Asian airlines see demand soar in March
The Association of Asia Pacific Airlines said the region’s carriers saw demand rise 12.7 percent year-over-year in March.
Norfolk Southern increases Q1 net income
The Class I railway’s net income rose 12 percent year-over-year in the first quarter of 2017 to $433 million, despite inflation and higher fuel costs.
Maersk to use Microsoft Azure platform
The Danish shipping company will use the cloud computing platform to develop digital products and services across all brands in its A.P. Moller – Maersk Transport & Logistics division.
Pennsylvania approves $40m in state funding for rail infrastructure
The Pennsylvania State Transportation Commission has given the green light for nine projects through the state’s Rail Transportation Assistance Program and another 25 through the Rail Freight Assistance Program, according to a statement from Gov. Tom Wolf.
Baltic Exchange plans to expand with container product
A Baltic Exchange spokesman said the exchange’s plan to expand its involvement in the container industry is “separate from and beyond” the weekly Ningbo Containerized Freight Index it rolled out in 2015.
C.H. Robinson increases net income, revenues in Q1
The Eden Prairie, Minn.-based third-party logistics provider’s total revenues for the quarter surged 11.1 percent year-over-year, fueled by volumes increases across all transportation services and higher fuel prices.
ITSTL acquires WDS rail terminal assets
ITS Technologies & Logistics will assume operation of five Norfolk Southern terminals previously operated by Cleveland, Ohio-based intermodal services provider World Distribution Services, ITSTL said in a statement.