FASA

The two Pacific Rim nations are looking to lower high tariffs and increase markets overseas with the four Latin American countries that make up the Pacific Alliance – Mexico, Peru, Chile and Colombia.

The U.S. Department of Transportation’s Office of Inspector General is conducting an audit to address concerns about oversight of federal funding or financing for positive train control projects and recipients’ use of the funds.

Trucking and logistics company Heartland Express acquired 100 percent of the outstanding stock of Interstate Distributor Co.

Since initiating a lock-out and laying off terminal employees, the Swedish Dockworkers Union and APM Terminals have been unable to successfully mediate the labor conflict at the Port of Gothenburg.

Founded by forwarding industry vet Brian Glick, Chain.io says it will provide a system-to-system connectivity hub with a specific focus on last-mile integrations.

The Danish shipping giant is petitioning the U.S. Federal Maritime Commission to be exempt from high tariffs on rates from service contracts received after the Petya cyber attack in late June.

Direct ChassisLink, a marine chassis and asset management services provider, has launched a new chassis leasing service offering motor carriers and other drayage providers who operate at the ports of Los Angeles and Long Beach.

Due to major unforeseen construction problems, the completion and opening of the new APM Terminals-operated terminal at Moin will be delayed until February 2019.

The North Atlantic port handled 565,052 TEUs in May, up 7.6 percent from May 2016, and officials expect volumes to grow even further now that ships up to 18,000 TEUs can now sail beneath the Bayonne Bridge.

In its most recent membership survey regarding containers lost at sea, the World Shipping Council found that the average number of containers lost between 2014 and 2016 was down about 16 percent from the previous three-year period.