MacroPoint announced its partnership with API provider Banyan, while FourKites unveiled its enhanced integration with supply chain software provider JDA.
New President and CEO E. Hunter Harrison is wasting no time in getting up to speed at CSX, projecting 25 percent year-over-year EPS growth for 2017, increasing quarterly shareholder dividends and instituting a new $1 billion share repurchase program.
Yang Ming’s shares have been suspended on the Taiwan Stock Exchange from last Thursday until May 3 as part of its financial restructuring and reverse stock split.
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House members question whether the Shipping Act should be revised, and also said there is a need to protect domestic tugboat and terminal companies.
Some of Fortress Investment Group’s transportation-related holdings include Florida East Coast Railroad, Trac Intermodal, and Seacube Container Leasing.
The ranking member of the House Transportation and Infrastructure Committee introduced the Investing in America: A Penny for Progress Act, which aims to raise roughly $500 billion in transportation infrastructure funding via 30-year Treasury bonds.