The Omaha, Neb.-based Class I railway applied for a Presidential Permit to operate and maintain the Brownsville West Rail Bypass International Bridge.
Surface Transportation Board Chairman Daniel R. Elliott III will no longer send an annual letter to the industry asking Class I and other railroads to comment on their end-of-year outlook for traffic volumes and operations.
The London-based shipping research and consulting firm said it forecasts slow growth in the world container fleet of four to five percent per year through 2019.
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DSF said it expects intra-regional trades to grow in importance at the expense of the main east-west trades.
The Greenwich, Conn.-based third-party logistics provider’s CEO Brad Jacobs is bullish on his company's technology focus as it secures $1.6 billion in debt refinancing that will lower interest payments 12 percent over the next five years.
The Mountain View, Calif.-based transportation procurement technology startup Cargo Chief uses a technology-forward model that is aimed at rethinking the broker-carrier-shipper relationship.