The Omaha, Neb.-based Class I railway applied for a Presidential Permit to operate and maintain the Brownsville West Rail Bypass International Bridge.
Surface Transportation Board Chairman Daniel R. Elliott III will no longer send an annual letter to the industry asking Class I and other railroads to comment on their end-of-year outlook for traffic volumes and operations.
The London-based shipping research and consulting firm said it forecasts slow growth in the world container fleet of four to five percent per year through 2019.
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Trade organizations representing shippers and transportation organizations on Monday sent a letter to ILWU President Robert McEllrath and PMA Chairman and CEO James McKenna, requesting discussions begin on either a contract extension or a new contract.
Overall intermodal traffic in North America fell 6.1 percent in second quarter 2016, the first volume decline in 25 consecutive quarters, according to data from the Intermodal Association of North America.
The shipping advocacy group adopted the goal of ending container shipping charges, which it said can sometimes exceed the contracted price for shipments making the management of total shipping costs unpredictable for cargo owners.