Improving weather, coupled with measures taken by the Panama Canal Authority to expedite traffic, have helped reduce queue time for vessels transiting the canal, according to the ACP.
NY Attorney General petitions PHMSA to limit crude-by-rail vapor pressure
A proposal from New York Attorney General Eric T. Schneiderman calls on the Pipeline and Hazardous Materials Safety Administration to reduce the risk of explosions from crude train derailments by setting a nationwide limit on vapor pressure.
INTTRA: Two thirds of customers expect ‘disruption’ from new container weight requirements
The online shipping portal is organizing an initiative to create industry standards for dealing with new verified gross mass regulations under the International Maritime Organization’s Safety of Life at Sea (SOLAS) treaty, which goes into effect July 2…
FESCO back in black despite falling revenues
The Russian transportation and logistics company posted net profits of $12 million on revenues of $543.5 million for the first nine months of 2015.
Transport America buys Optimal Freight
Transport Corp. of America, a subsidiary of TransForce, has acquired an undisclosed majority stake in Optimal Freight, a privately held non-asset based truckload freight brokerage company.
WWL ups Europe to U.S. West Coast capacity
Wallenius Wilhelmsen Logistics will increase the capacity and frequency of its service from Europe to the U.S. West Coast in January 2016.
IAG Cargo increases capacity on London Heathrow-Tel Aviv route
The airline group will replace its remaining Airbus A321s with wide-body Boeing 777-200s between London Heathrow and Tel Aviv.
Executive Moves: Gemini Shippers Group and Kerry Logistics
Gemini Shippers Group names VP for the U.S. southern region, while Kerry Logistics appoints managers in its U.K. operations.
ABF Logistics acquires truckload brokerage firm
The third-party logistics services provider purchased private, non-asset truckload brokerage Bear Transportation Services for $26 million.
Congressional negotiators agree on 5-year highway bill
The $305 billion transportation reauthorization is smaller than many transportation advocates sought and doesn’t resolve problems with the Highway Trust Fund and user fee collections.