FASA

Kansas City Southern’s net income grew 6.7 percent to $120 million in the second quarter of 2016 on revenues that slipped 3 percent compared to the previous year, according to the company’s most recent financial statements.

The European Commission handed down fines totaling 2.93 billion euros (U.S. $3.32 billion) to five truck makers for colluding on prices and passing on costs associated with emissions compliance, the EU anti-trust watchdog said in a statement.

The U.S. Commerce Department’s Bureau of Industry and Security advised exporters on Wednesday that they should expect delays with their export counseling desk queries by telephone and email through Friday, July 22.

The vessel sharing alliance, which expects to launch in April 2017, is contemplating initially deploying up to 175 container vessels in U.S. trades, according to a Federal Maritime Commission filing.

The U.S. Department of Transportation announced the appointment of 29 new members to the Marine Transportation System National Advisory Committee.

The U.S. government on Monday expanded its list of raw materials that it said China unfairly controls from global industry through export duties in a recent challenge lodged with the World Trade Organization.

The Jacksonville, Fla.-based railway will construct a $270 million intermodal rail hub in Rocky Mount, N.C. in addition to launching a new intermodal rail service within the state between the Port of Wilmington and Charlotte.

The measure is aimed at preventing coal from being handled at a bulk terminal planned at the former Oakland Army Base.

The Japanese ocean carrier became the latest steamship line to partner with e-commerce solutions provider INTTRA to provide verified gross mass data.

The Belgian port signed a memorandum of understanding (MOU) last week with the Shahid Rajaee Port Authority, which controls the Port of Bandar Abbas in southern Iran.