The U.S. Department of Transportation is looking into how delays at ports and other loading and unloading facilities may be affecting driver compliance with hours-of-service rules designed to increase safety.
Union Pacific’s failure to maintain its track and equipment resulted in broken and sheared lag bolts, which caused the June 3 derailment of a train near Mosier, Ore., according to a preliminary report from the Federal Railroad Administration.
Meanwhile, the pound slid the most on record to its weakest since 1985, while the yen rallied on demand for haven assets, following Britain’s vote to leave the European Union.
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Meanwhile, the state of Georgia dedicated a new road connecting the Port of Savannah to I-95, saying it will speed cargo flow and improve safety.
The 10 STS cranes will be the tallest in service at any port in the United States, capable of handling ultra-large containerships with capacities of up to 20,000 TEUs, according to port terminal operator APM Terminals.
The Dubai-based port terminal operator has been granted a 50-year concession for the development of a new multi-purpose port facility in Posorja, Ecuador, 65 kilometers from Guayaquil.