FASA

The number of containerships deployed between Asia and the U.S. West Coast with capacity for 13,000 TEUs or more has nearly doubled since the start of 2017, but carriers are still hesitant to introduce mega-ships on the trade.

Panama Canal Authority executives have been meeting with industry leaders around the world to gain feedback on its current toll structure, a proposed modification of which would decrease rates for containership but increase them for LPG and LNG tankers.

The newly formed MPC Capital subsidiary has acquired two 2,834-TEU containerships in addition to the seven vessels purchased late last month.

Darien, Conn.-based short line and regional railroad operator Genesee & Wyoming has completed its acquisition of the shares of Atlantic Western Transportation, parent company of the Heart of Georgia Railroad.

President Donald Trump’s decision to withdraw the United States from the Paris Climate Agreement on Thursday has U.S. industry organizations worried about the impacts on future international trade.

The Bentonville, Ark.-based retail giant started testing the delivery service, which will utilize in-store employees as drivers, at three stores in the United States.

Logistics systems provider Descartes Systems Group has acquired the assets of Progressive Computer Services, known as PCSTrac, for $11.25 million.

The fiscal year budget will help the port stay “laser-focused on targeted infrastructure improvements, technology solutions and strategic resource use,” according to Port of Los Angeles Executive Director Gene Seroka.