The third-party logistics and freight forwarding arm of the Deutsche Post DHL Group launched SameDay Speedline, a global expedited airfreight service for urgent delivery of spare parts, critical medical supplies, or newly launched products.
A report released by the STB shows that “changes to the existing regulatory structure…would not benefit the larger transportation system,” Edward R. Hamberger, president and CEO of the Association of American Railroads, said in a statement.
Under the strategic partnership, Herzog Technologies will provide short-line railroad operator Watco Cos. with positive train control program management and back-office hosting services, according to a spokesperson for Watco.
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Turkish port operator Yilport Holding secured a 50-year concession to develop Puerto Bolívar Port and committed to invest $750 million in the Ecuadorian port.
Calgary-based Class I railway Canadian Pacific posted a net income of $328 million Canadian (U.S. $251 million) in the second quarter of 2016 on revenues of C$1.45 billion.
Ocean carriers MSC, Hapag-Lloyd, Hamburg Sud and UASC will be shaking things up on the Europe-Middle East/ISC trade.