FASA

Global Container Terminals, which operates facilities in the ports of New York/New Jersey and Vancouver, Canada, appointed Doron Grosman president and chief executive officer, replacing Stephen Edwards, who served in the position since September 2012.

Despite removing 900 locomotives and 60,000 freight cars from operation and cutting 2,300 workers this year, those numbers will continue to go up, the railroad’s new CEO Hunter Harrison said during an earnings call Wednesday.

In a filing with the World Trade Organization (WTO) on Tuesday, China said it would no longer accept solid and plastic waste imports, citing health and environment concerns.

Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to figures from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.

However, the Eden Prairie, Minn.-based third-party logistics provider’s revenues for the quarter surged 12.4 percent year-over-year, driven by volumes growth across all transportation services.

The international freight forwarding and logistics company recorded a consolidated net profit of 29.9 million Swiss francs (U.S. $31.4 million) for the first six months of 2017, up 37.2 percent from the corresponding 2016 period.

The U.S. Federal Maritime Commission this week proposed to remove several container carriers from its so-called “controlled carrier” list, due to the fact they are no longer majority owned or fully controlled by foreign governments.

The Mondovi, Wis.-based temperature-sensitive truckload carrier recorded a net income of $9.1 million and operating revenues of $171.5 million for the quarter, up 7.2 percent and 3.3 percent year-over-year, respectively.

The new intermodal rail service will feature double-stacked trains and will operate daily between the Port of Wilmington and Charlotte beginning July 28, said NC Ports.

Rehabilitation work on the 7,000-foot-long, 150-foot-wide runway is expected to take place during nightly airport closures and extended weekend closures to minimize the impact on operations, according to the Port Authority of New York and New Jersey.