South Carolina ports chief resigns, citing ‘personal reasons’
Three years after taking the helm, South Carolina Ports Authority President and Chief Executive Barbara Melvin resigned August 21 to pursue other opportunities....
Port & Terminal News
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Ukraine targets Russia’s Ust-Luga port and Syzran refinery in latest wave of drone strikes
Ukraine has escalated its campaign against Russia’s oil and logistics infrastructure, striking both the Ust-Luga terminal on the Baltic and the Syzran refiner...
Retailers, trucking clash over vehicle weight limits
WASHINGTON — Retailers are pressuring the Trump administration and lawmakers to raise truck weight limits as Congress begins shaping the next highway bill...
DNV to support 400MW South Korean offshore wind farm
Class society DNV has signed a two-year contract with South Korea’s wind developer Kolon Global Corporation to provide owner’s engineering services for the ...
Activist investor urges CSX to engage in alternative merger discussions
Ancora Holdings, a prolific activist investor in transports, has once again set its sights on an underperforming Class I railroad and its CEO. In a move that mi...
Second round of Forward Air takeover bids expected in September, report says
A second round of takeover bids for Forward Air are expected to be submitted in early September, according to M&A blog Axios Pro.The report said the bids were o...
Capesize values climb as Goldenport deal closes
Capesize values continue to firm, with a string of reported sales now confirmed and delivered. Greek and Chinese buyers have been the most active, tying their n...
DOT moves to clear the road for self-driving trucks
WASHINGTON — The Trump administration is beginning work to iron out challenges to an eventual nation-wide rollout of automated vehicles (AVs), including c...
US tariffs impacting Mexican trucking industry, exports drop over 50%
Exports, production and domestic sales of Mexican-built heavy-duty trucks saw steep year over year declines in July.Mexican trucking industry officials attribut...
Yellow Corp. to sell Ontario terminal, 2 others for $16M
Bankrupt Yellow Corp. has entered a motion with a federal bankruptcy court in Delaware to sell three terminals valued at approximately $16 million, according to...
BMO’s transportation group, major lender to trucking, may be for sale: report
The transportation group of BMO, one of the largest lenders to the trucking industry, may be up for sale.According to a Wednesday report from Bloomberg, BMO (NY...
UPS settles Teamster grievances, averts strikes in multiple states
The union representing some 340,000 workers at UPS said shortly after midnight Tuesday that it called off a strike at the global air sortation hub in Louisville...