OMAHA, Neb. — Kansas City Southern railroad is trying to keep its $33.6 billion merger with Canadian National on track by rejecting a competing $31 billion bid from rival Canadian Pacific earlier this week.
August 13, 2021Search
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China’s Port Shutdown Raises Fears of Closures Worldwide
A COVID outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares.
August 13, 2021FMCSA to Streamline Household Goods Moving Regulations
The Federal Motor Carrier Safety Administration has announced plans to update regulations for transportation of household goods to reduce costs for movers and mitigate the growing problem of fraud in consumer moves.
August 11, 2021Railroad Bidding War Back On: CP Ups Bid for KCS
NEW YORK — Canadian Pacific has upped its offer for Kansas City Southern to approximately $31 billion, potentially reigniting a bidding war with rival railroad Canadian National.
August 10, 2021Grant Approved for Norfolk Terminal Rail Expansion
Virginia's Commonwealth Transportation Board recently approved a $450,000 grant for Norfolk Terminal LP that will be used to improve goods movement at the facility.
July 28, 2021US, Mexico Fail to Resolve Trade Dispute for Cars
The U.S. and Mexico failed to resolve a dispute over trade rules for cars during a meeting this week, threatening the goal of boosting regional manufacturing under their new trade pact.
July 23, 2021Senate Commerce Leaders Push Supply Chain Efficiency
To promote efficiency across the country’s supply chain, Commerce Committee Chairwoman Maria Cantwell recently pressed colleagues to advance legislation meant to enhance the flow of freight.
July 21, 2021Oakland OKs Port Site for Ballpark That Trucking Interests Oppose
The Oakland City Council on July 20 approved a non-binding term sheet for a proposed waterfront ballpark at the Port of Oakland, yet neither trucking interests nor the Athletics baseball club was happy with the outcome.
July 21, 2021Startup Couriers Snatch Toehold in Biggest Shake-Up of E-Commerce Era
Surging e-commerce is generating more package deliveries than giant couriers can handle, clogging retailers’ logistical pipelines and frustrating consumers. But the logjam is spawning startups with new ways of speeding deliveries.
July 21, 2021Kentucky Leaders Approve Funds to Help Freight Movement at River Ports
In order to facilitate freight movement, Kentucky Gov. Andy Beshear announced $500,000 in grants to support critical repair and equipment replacement efforts at five river ports.
July 19, 2021