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The ocean liner is looking to improve its fleet structure after merging with South American carrier CSAV.
The American Fuel and Petrochemical Manufactures has filed a lawsuit against the railway objecting to a $1,000-per-unit surcharge on older DOT-111 tank cars used to move crude oil.
Although legislation had passed both chambers of NJ legislature unanimously, the override failed 25-14 in the N.J. Senate.
After extensive debt restructuring, the Israeli ocean carrier aims to "return to profitability and growth in 2015."
Logistics real estate developer's white paper on facility obsolescence finds the bulk of warehouses and DCs are either obsolete or too far removed from population centers and transport infrastructure.
The integrated logistics provider saw increased revenues in both its Global Integrated Logistics and infrastructure business units.