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.
In addition to skipped sailings in the transpacific trade, the G6 Alliance will void one sailing each on its Loop 5 and Loop 7 services between Asia and North Europe and member OOCL will skip another on its EMX loop between Asia and the Mediterranean.
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The Danish global transport and logistics provider reported gross profits of 7.8 billion Danish krone on revenues of 32.9 billion Danish krone for the first half of 2016, year-over-year increases of 40.4 percent and 28 percent, respectively.
The Greenwich, Conn.-based third-party logistics provider said it was raising money by offering $535 million of senior notes due in 2023.
Turkish port operator Yilport Holding secured a 50-year concession to develop Puerto Bolívar Port and committed to invest $750 million in the Ecuadorian port.