The Berkshire Hathaway-owned Class I freight railroad will pay $50,000 in civil penalties related to a March 2015 crude oil train derailment in Galena, Ill., according to a statement from Illinois Attorney General Lisa Madigan.
Additional shippers and logistics companies have expressed support on a call for the Federal Maritime Commission to provide guidelines on detention and demurrage charges.
Hyundai Heavy Industries (HHI) is putting its restructuring plans on a shareholders’ meeting agenda for Feb. 27, but HHI workers plan to strike from Feb. 22-27 in attempts to block the meeting.
Registration takes less than 1 minute.
The Miami, Fla.-based ocean carrier will commence a new string between Paita, Peru and the United States Gulf and East Coasts starting Dec. 6, 2016, the company said in a statement.
The Floridian port is ready to launch a second round of investment - this time with the goal of increasing capacity and service levels within the container yard.
Yang Ming responded by saying it has unwavering support of Taiwan’s government and has "proactively reorganized internally to effectively reduce its operating costs."