The key objective of the two-week National Transportation Safety Board mission in April will be to locate the voyage data recorder or "black box" dislodged from the TOTE Maritime general cargo vessel when it sank Oct. 1 during Hurricane Joaquin.
The United States Coast Guard is scheduled to meet with the Federal Maritime Commission on Feb. 18 to hear shipper concerns about the new verified gross mass requirement enacted by the International Maritime Organization.
Matt Rose, chairman and CEO of BNSF Railway, said a deal between Canadian Pacific and Norfolk Southern is unlikely because it would require buy-in from investors, rail labor, customers and public policy makers.
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South Korean shipping conglomerate Hyundai Merchant Marine may be looking to sell its subsidiary securities firm, tourism unit, port container terminals, or bulk carriers, according to various media reports.
The Commerce Department’s Bureau of Industry and Security and the Treasury Department’s Office of Foreign Assets Control have announced further regulatory amendments to expand the types of U.S. goods allowed for export to Cuba.
The less-than-truckload rivals are involved in a legal dispute over the hiring practices of YRC, which allegedly lured away two high-level XPO executives who were contractually bound not to work for a close competitor or divulge proprietary information.