Association of American Railroads President and CEO Edward R. Hamberger expressed how the rail industry’s position, which remains unchanged, claims forced access is an ill-conceived approach that compromises the efficiency of the entire network.
The Panama Canal Authority said it is confident in the process it uses to move ships through the new locks at the canal, following an accident last week that damaged the Xin Fei Zhou after it made contact with one of the walls at the Agua Clara Locks.
The TMS provider was acquired by fellow logistics software firm Kewill in April, and the companies are progressing on merging products and organizations, Lean executives said in a briefing.
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The collision in northern Texas left one injured and three missing Tuesday morning.
Rolf Habben Jansen, the chief executive officer of ocean carrier Hapag-Lloyd, said he believes consolidation in the shipping industry resulting from deals such as Monday’s merger agreement between Hapag-Lloyd and UASC will benefit the container industry.
The deal will see Qatar Holding and The Public Investment Fund of the Kingdom of Saudi Arabia, majority shareholders of UASC, take 14 percent and 10 percent shares of the combined company, respectively.