U.S. Sens. Cory Booker and Robert Menendez of New Jersey and Charles Schumer and Kirsten Gillibrand of New York wrote a letter urging new Transportation Secretary Elaine Chao to visit aging transportation infrastructure throughout their states.
Through the first three months of 2017, however, the largest port on the U.S. East Coast has seen container throughput tick up 2.4 percent, surpassing the previous first-quarter record set in 2016, according to recent figures from the port authority.
Ward Transport and Logistics hires new chief operating officer, while the Greenbrier Cos. appoints executive vice president and chief financial officer.
Registration takes less than 1 minute.
The freight rate marketplace and management software provider's venture capital investment has now topped $50 million as it seeks to digitize the freight rate environment.
The port attributed the 12.4 percent year-over-year decline in February box volumes to the timing of Lunar New Year, but volumes were still higher than the most recent 5-year average for February.
Chinese conglomerate HNA Holding Group Co. offered to purchase CWT Ltd. for 1.4 billion Singapore dollars (U.S. $995 million).