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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Guy Courtin, vice president of industry and solution strategy at GT Nexus, said shippers should think of visibility as a tool to monitor and connect all of their trading partners, whether product suppliers or transportation vendors.
The Singapore-based ocean carrier, the parent of which was acquired by CMA CGM earlier this year, will purchase slots on the French line's Victory Bridge loop between Europe, the U.S. South Atlantic and the Gulf of Mexico.
The Singapore-listed containership owner and operator is unable to meet on-going coupon and principal payments on $100 million Singapore (U.S. $73.2 million) on 8.45 percent notes due May 2017, the company said in a presentation to noteholders.