STB unanimously rejects CN voting trust leaving KCS in position to choose CP as the right partner
• CN-KCS merger proposal proven illusory as STB notes significant threats to competition • A CP-KCS combination offers short- and long-term value with regulatory certainty…
Capacity crunch elevates air cargo rates in August as the global supply chain shows its fragility
Resilient international demand for air cargo capacity in August versus a shortfall in supply pushed average global air cargo rates up 112% to their pre-Covid…
Crowley and Shell to build and charter largest LNG bunker barge in US
Crowley Maritime Corporation has signed a long-term time charter with Shell NA LNG, LLC, (“Shell”) providing for the building and operation of a new, U.S.-built,…
CPA remedies Gearbox failure after root cause analysis at port
Casper, Phillips & Associates Inc. (CPA) recently completed remediation of three 40 metric ton capacity rail-mounted gantry cranes (RMGs) at a major North American port,…
Shale natural gas production in the Appalachian Basin sets records in first half of 2021
Dry natural gas production from shale formations in the Appalachian Basin that spans Pennsylvania, West Virginia, and Ohio has been growing since 2008, and monthly…
ZIM announces exercise of option to charter additional five 7,000 TEU LNG-fueled vessels
• Option Exercise Further Strengthens ZIM’s Operating Fleet and Supports ZIM’s Growth Strategy and ESG Values • Vessel Deliveries Expected During the Third and Fourth…
Interior Department announces environmental review of proposed wind energy facility in the North Atlantic
Project could generate up to 1,300 megawatts of renewable energy, power nearly 600,000 homes
ORBCOMM announces completion of acquisition by GI Partners
Transaction well-positions Company to continue driving innovation and long-term strategic growth in the industrial IoT
Southwest Air sued by pilots who allege labor law violations
Southwest Airlines Co. was sued by its pilots union and accused of violating federal labor law by unilaterally changing working conditions, rules and pay rates…
CMA CGM FAK rates - From the Mediterranean to USEC & US Gulf in October
New CMA CGM Freight All Kinds (FAK) rates applicable as from October 1st, 2021 (gate-in date in the origin ports) until further notice:
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