“Container lines are shaking up Europe’s waterways as they bypass barge operators to operate their own inland routes to service their demand for empties. One source told The Loadstar two of the big five container lines, with unconfirmed rumours suggesting 2M partners Maersk and MSC, had already begun operations, with three trips over the past […]
From Norfolk Southern Corporation: Given the severity of the flooding, all ingate activity for our Croxton, Erail and Morrisville facilities are closed. We will be closing ingates at NS terminals to any traffic destined to these terminals effective immediately. We will also be working with our connecting railroad partners to issue an embargo for those locations later today. […]
“While union leaders representing HMM’s seafarers and office staff continue to negotiate with the management for higher salary increments, the seafarers are going ahead with a picket protest with Busan. At 14:00 Seoul time today (1 September), Kim Jin-man and Jang Jong-geum, the heads of the unions representing shore-based employees and seafarers respectively, began talks […]
BREAKING NEWS: The Surface Transportation Board has rejected the CN voting trust application to purchase Kansas City Southern.
“Applicants have adequately explained how the voting trust agreement would insulate them from an unlawful control violation, but the Board finds that the proposed use of a voting trust, in the context of their impending control application, would not be consistent with the public interest. Applicants have failed to establish that their use of a […]
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