The container terminal operator posted a cargo throughout of 61.7 million TEUs at its container terminals in 2015, a 2.4 percent increase from 2014 on a like-for-like basis.
The company’s board elected current CEO David Abney to succeed the retiring Scott Davis as chairman and appointed William Johnson to the newly created position of lead independent director.
Carload traffic dropped 16.6 percent in January, but intermodal traffic grew 3.4 percent compared with January 2015, according to data from the Association of American Railroads.
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The Asian regional economic consortium APEC is working to reduce tariffs on a basket of goods that can help slow climate change.
U.S. Customs officers stationed on the Mexican side of the border near San Diego, Calif. will check agriculture products moving by truck under a new cargo pre-inspection pilot program.
The Port Authority of New York and New Jersey has asked that trucks not be sent to terminals after dockworkers reportedly walked off the job Friday morning.