GATX, Brookfield complete buy of Wells Fargo rail leasing
GATX Corp. announced that it and Brookfield Infrastructure Partners L.P. have received all required regulatory clearances to complete the transaction to acquire...
Port & Terminal News
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Adani completes acquisition of NQXT Australia terminal
Adani Ports and Special Economic Zone has successfully completed the acquisition of 100% interest in NQXT Australia pursuant to completion of all condition prec...
Amtrak turns down ‘Transcontinental Chief’ proposal: Report
Amtrak has turned down a private company’s proposal for a transcontinental passenger train that would have also hauled vehicles on a 72-hour coast-to-coast sc...
Philadelphia’s Theobald becomes fourth major port chief to exit this year
The Philadelphia Regional Port Authority announced the retirement of chief executive officer and executive director Jeff Theobald after nearly a decade leading ...
STB asks comments on ‘completeness’ of rail merger application
Looking for something to do over the Christmas holiday? The Surface Transportation Board has a suggestion.The rail regulator announced that comments on the comp...
EcoLog develops a liquid hydrogen import terminal in the port of Amsterdam
EcoLog has taken an important step in the development of a liquid hydrogen import terminal in the Port of Amsterdam.This week, the company signed an agreement i...
BNSF CEO: Rail merger still a “significant threat” to economy, consumers
At least one rival railroad is doubling down on its opposition to the transcontinental merger of Union Pacific and Norfolk Southern after the companies filed th...
‘Application day’ nears for UP-NS rail merger
Union Pacific and Norfolk Southern say they will file their formal merger application Dec. 19 with the Surface Transportation Board, detailing their historic pr...
Sinokor offloads five-year-old newcastlemax for $73.5m
For the third week running, capesize and newcastlemax sales are dominating broking reports, though the seller profile is beginning to shift. Earlier activity wa...
Adriatic Gate Container Terminal raises Rijeka port efficiency with new quay cranes
Adriatic Gate Container Terminal, ICTSI’s operation in Croatia, recently formally presented its new quay cranes to industry partners, shipping line representa...
Red Sea Container Terminals begins operations at Sokhna Port
Red Sea Container Terminals (RSCT) has marked an important milestone with the soft opening of its new container terminal at Sokhna Port. Operations officially b...
Maersk, Hapag-Lloyd drop US East Coast city from trans-Atlantic services
Maersk and Hapag-Lloyd are eliminating calls at the port of Baltimore, among several changes to their Gemini cooperation’s North Europe-North America services...