Gene Seroka, executive director at the Port of Los Angeles, said 2016 was an “epic” year, and in 2017, the port will focus on improvements in process management, information technology and land use.
Shares in the Jacksonville, Fla.-based Class I railroad jumped 23.4 percent on Thursday to close at $45.51 following reports outgoing Canadian Pacific CEO E. Hunter Harrison could be eyeing CSX as his next landing spot.
Amsterdam Airport Schiphol reported a cargo throughput of 1.66 million metric tons for the full year in 2016, a 2.5 percent increase compared with 2015 and a record for the airport.
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NYK Ports acquired a 20 percent share in Maher Terminals, which operates the largest terminal at the Port of New York and New Jersey.
McDonough, Ga.-based transportation and logistics company Bennett International Group established BOSS Engineered Logistics to provide more neutral third-party logistics solutions.
The Pittsburg, Kan.-based transportation and terminal services provider’s purchase includes 14 inland waterway facilities, four rail and truck terminals, and two deep water port operations across the southern and midwestern United States.