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Norfolk Southern adjusts intermodal operations oversight, while Suddath Cos. appoints new CEO.
Armed pirates boarded a product tanker off Pulau Aur, Malaysia and took crew members hostage, according to the International Maritime Bureau (IMB)’s Piracy Reporting Centre.
Analysts see no let up in rate volatility as big ship deliveries continue.
Transportation and port companies need to cooperate more, members of the Agriculture Transportation Coalition said at their annual meeting in San Francisco.
Canadian National, Canadian Pacific and Union Pacific railways have seen volumes drop 4 percent, 3 percent and 6 percent, respectively, so far in the second quarter.
The ever-increasing size of containerships has led a decrease in average number of containers moved per hour in port and, in turn, to increased vessel delays, according to a new JOC Port Productivity study from IHS Inc.