American Shipper’s sister publication, the Adam Smith Project, wrote Monday about the dangers of recalibrating trade statistics to suit policy initiatives.
Chief Executive Officer Ted Fick resigned earlier this month amid a Washington State Auditor's Office investigation into an alleged $4.8 million in potentially illegal payouts to port employees.
Michael J. Ward and Clarence W. Gooden, chief executive officer and president of CSX, respectively, will retire from the company May 31, 2017, the Jacksonville, Fla.-based Class I railroad said in a statement.
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T.J. England, the chief legal officer for Salt Lake City-based trucking carrier C.R. England, said it intends to immediately appeal the decision.
Elaine Chao has served as Secretary of Labor under President George W. Bush and Deputy Secretary of Transportation under President George H.W. Bush.
The Austin, Texas-based publisher and intelligence company said that although pirate attacks will continue to decline, maritime threats, such as militant attacks, will still pose a considerable challenge to global shipping companies.