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A Chicago suburb has filed an appeal of the U.S. Surface Transportation Board's decision approving Canadian National's takeover of the Elgin, Joliet and Eastern (EJ&E) Railway. The Village of Barrington filed the appeal with the U.S. Court Of Appeals for the District of Columbia Circuit, and also filed a stay of petition with the STB in an att...
Con-way Inc. has agreed to settle a dispute with the Central States multiemployer pension fund for $8 million, the freight transportation conglomerate said last week in a U.S. Securities and Exchange Commission filing. Central States had sought $662 million in unfunded pension liability related to the closure of Consolidated Freightways Corp. ...
HANJIN Group, Korea's global logistics company providing air, sea and land transport, is leading the project to create a central Asian logistics hub in Uzbekistan. Under the deal, Hanjin Group will work with the Uzbekistan government to lay the foundation for turning Navoi Airport into a logistics hub from 2009 to 2013, said a company statement. T...
U.S. Customs and Border Protection on Friday posted penalty guidelines, effective Feb. 1, for enforcing recent Census Bureau rules requiring exporters and forwarders to electronically file export declarations before cargo is loaded on a transport conveyance. The regulation requiring use of the Automated Export System, or the Web-based AESDirect, an...
UTi Worldwide said it has appointed UPS executive Eric W. Kirchner as its new chief executive officer, effective about Jan. 19. Kirchner also will become a member of UTi's board of directors. He succeeds Roger I. MacFarlane, one of the company's original founders. MacFarlane, 63, will serve in a transitional role through April, at which time...
With plunging bulk shipping rates, grain shipments by container to Asia began to show some weakness late last year, according to the U.S. Department of Agriculture. Although statistics are delayed several months, the Jan. 1 edition of the USDA's weekly grain transportation report said September 2008 grain shipments to Asia were down 13 percent f...
President-elect Barack Obama is without a Commerce Secretary designate. New Mexico Gov. Bill Richardson withdrew his name his nomination over the weekend due to an ongoing federal investigation of political ties to a company that received contracts from his administration, according to news reports. Obama accepted Richardson's resignation af...
The U.S. steel industry, having gone from boom to bust in a matter of months, is now counting on a massive government economic rescue plan heavily weighted toward infrastructure spending to help recover, according an article in Saturday's New York Times. Steel would be a key component for repairing or building bridges, school buildings, water ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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