The House Energy and Commerce Committee has approved the Safely Ensuring Lives Future Deployment and Research in Vehicle Evolution Act (H.R. 3388), also known as the “SELF DRIVE Act.”
SCPA to utilize barges to reduce trucking congestion
South Carolina Ports Authority has applied for federal approval and funding for a new marine highway to eliminate trucking congestion in the Charleston port area, according to local news source The Post and Courier.
Panama Canal wins $192.8m arbitration ruling
A Miami-based arbitration board rejected a demand by Spanish-led Grupo Unidos por el Canal consortium for $192.8 million to cover cost overruns during the construction of a third set of locks for the 102-year-old waterway, Reuters reported.
CBP names new trade relations director
U.S. Customs and Border Protection has appointed Bradley F. Hayes to the position of executive director of trade relations in the Office of the Commissioner.
Baltic Exchange to shut down Baltex
The Baltic Exchange said it plans to close its freight derivatives platform Baltex on Dec. 29, following a recent announcement by LCH Clearnet that it would end its freight derivative clearing services by the end of the year.
Norfolk Southern issues statement on tariff changes
The Norfolk, Va.-based Class I railroad will make changes to its demurrage, accessorial and switching tariffs with an effective date of December 1, 2017, according to NS Vice President Mike McClellan.
Danaos earnings sink 54.7% in Q2 2017
The independent containership owner’s net income for the quarter fell 54.7 percent year-over-year to $20.2 million, resulting from the effects of South Korean ocean carrier Hanjin filing for insolvency in the third quarter of last year.
St. Louis shipper fined for air cargo hazmat violation
The U.S. Federal Aviation Administration has proposed a $54,000 civil penalty against St. Louis-based Carboline Co. for allegedly violating federal hazardous materials transport regulations.
Kirby Corp. earnings tumble in Q2 2017
Net earnings attributable to Kirby Corp. fell 33.8 percent year-over-year during the quarter to $25.8 million, despite consolidated revenues rising 7.2 percent to $473.3 million, according to the tank barge operator’s most recent financial statements.
Amazon looks to fill over 50,000 jobs in one day
The Seattle-based e-commerce giant is holding its first “Jobs Day” on Wednesday because it says it has over 50,000 roles to fill across its U.S. fulfillment network.