Hunter Harrison, retiring president and CEO of the Calgary-based Class I railway, has apparently decided to cut his remaining time with the company short, and may be eyeing U.S. railroad CSX as his next move.
Terminal Investment Limited - jointly owned by MSC and Global Infrastructure Partners - will become the largest owner of Total Terminals International, which Hyundai Merchant Marine will also own a stake in.
The German ocean carrier upped the size of a five-year bond from 150 million euros to 250 million euros.
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The ports of Philadelphia and Wilmington are planning infrastructure improvements as a project to deepen the river nears completion.
Cherry Hill, N.J.-based NFI has strengthened its footprint in Canada with the acquisition of Dominion Warehousing & Distribution.
The Jacksonville, Fla.-based Class I railway said that in 2016, the industry continued to face headwinds from low global commodity prices and the strength of the U.S. dollar.