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CN 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, 2024

What's That? Demurrage

Demurrage is a fee attached to cargo that has overstayed its time at a terminal. These fees can be enforced by port officials. Depending on the vendor, terminal, warehouse or container station, fees and policies can vary.

August 22, 2024

Miners 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, 2024

29 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, 2024

China’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, 2024

Key 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

Groendyke Announces Acquisition of Linden Bulk Transport

Groendyke Transport on Aug. 19 announced a definitive agreement to acquire all the tank truck assets of Linden Bulk Transportation from Depot Connect International.

August 22, 2024

July Trailer Orders Drop 37% Amid Slower Market

U.S. trailer orders fell 37% year over year in July to 7,200 units, ACT Research reported. The figure represented a 14.2% increase from June’s 6,300 units.

August 22, 2024

Watch: California Drivers Face Nation’s Steepest Fuel Tax

´¡ÌýÌýnames #California, Illinois and Pennsylvania as the states with this year’s highest #diesel and #gas taxes, while Alaska, Mississippi and Hawaii have the lowest.Ìý

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August 22, 2024