A union filed strike notice against Canada’s largest railway on Aug. 23 just hours after trains began rolling again, likely derailing plans to revive vital shipping networks.
August 23, 2024Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
TxDOT to Assume Control of Key Freight Route, Cut Toll Costs
The Texas Transportation Commission is proceeding with a $1.73 billion buyout to take over state Highway 288 tolling operations to lower fares.
August 23, 2024CVC and DSV Compete in $15.6B Bid for DB Schenker Unit
Deutsche Bahn is currently evaluating the final offers and needs to discuss with the government on CVC’s proposal.
August 23, 2024CPKC, CN Prepare to Restart After Labor Dispute Intervention
Canada’s two largest railways are preparing to restart operations after the country's government stepped in to try to end a labor dispute that has halted freight movement.
August 23, 2024CN Will End Its Lockout Immediately, Rail Official Says
TORONTO — CN is ending its lockout immediately and moving forward with a plan to get its trains moving again following an order to enter forced arbitration with its union, a rail official says.
August 22, 2024Belgian Firm Opens Georgia Logistics Site for Equipment
Belgium’s Aertssen Logistics has opened a North American hub near the Port of Savannah in Georgia for agriculture, mining and construction machinery on a 35-acre site.
August 22, 2024Miners Tap Trucks to Sidestep Canada's Rail Stoppage
Two mining giants are rerouting shipments and turning to trucks to deal with disruptions from a Canadian railway stoppage that threatens to undermine the industry’s operations.
August 22, 202429 Mariners Rescued From Oil Tanker Hit in Red Sea Attacks
DUBAI, United Arab Emirates — A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea, officials said Aug. 22.
August 22, 2024China’s WeRide Delays US IPO Just as Deadline Nears
WeRide Inc. has postponed its plan for a U.S. initial public offering, according to people with knowledge of the matter, days before Chinese regulatory approval lapses.
August 22, 2024Key Bridge Collapse Spurs $5M Small Business Grant Fund
A $5 million grant program aimed at supporting Baltimore-area small businesses hit hard by the collapse of the Francis Scott Key Bridge launched Aug. 21.
August 22, 2024