Kobe Steel will co-operate with the U.S. Department of Justice after the DOJ requested documents related to the fake data scandal besetting Japan’s third-biggest steelmaker.
Kobe has declared 500 companies worldwide are in a supply chain tainted by admissions it falsified certifications on the strength and durability of metals over the past 10 or more years, including Boeing, Ford and General Motor
Airbus and Bombardier partner on the C-Series with a 50.1% interest to be held by Airbus.
The partnership provides Bombardier with the financial and marketing power of Airbus. The 300% US tariff for the C-Series will potentially be avoided by Airbus assembling the planes in its Alabama plant.
$128MM investment to consolidate 2 docks and add infrastructure to enable vessel on/off lift capacity of 1300 containers per hour and 1 million rail TEUs per year to accomodate a 50% gain in neo-Panamax vessel traffic in 2017 alone.
Private investment includes the 630,000 SF and 345,000 SF warehouses being built by Noble House and Best Choice, respectively.
CP entered an exclusive contract with G&W and Bluegrass Farms to use Bluegrass’s 90-acre intermodal facility in Jeffersonville, OH. The facility is located on the I-71 corridor and serves Columbus, Cincinnati and Dayton.
The site provides CP and G&W with a full service intermodal facility as well as the ability to transload bulk agricultural products into containers.
Crowley Maritime Corporation will have offloaded more than 6,500 loads of FEMA and commercial cargo from 20 vessels at its San Juan, Puerto Rico terminal since Hurricane Maria struck the island in late September.
Crowley projects another 9 vessels, carrying between 2,500 and 3,000 loads, will arrive in Puerto Rico next week.
Mobile payment in China doubled to $5 trillion in 2016 as Chinese stores and services center themselves on Aliplay, WeChat Pay and other mobile pay apps.
Since mid-July, system-wide train velocity on CSX’s 21,000-mile network has increased by almost 16 percent, and is now higher than the 2016 full-year average.
Transit times for scheduled merchandise trains have returned to a normal range, and are lower than transit levels at the outset of CSX’s PSR implementation in 1Q 2017.
Average terminal dwell (the number of hours cars spend in terminals between origins and destinations) has steadily improved over the last two months and is currently 11.2 hours, declining more than 15% since the summer. Dwell is now lower than 2016 full-year average.
The Spanish Maritime Search and Rescue Society shows just what can happen when 50,000 tons of ammonium nitrate overheats during transit.
The cargo in all five of the ship’s cargo holds burned for two straight weeks in August 2017 until there was no more fertilizer to burn.
The MV Cheshire’s crew abandoned ship a few days into the slow-burning fire. Salvors were able to keep the vessel away from shore but couldn’t board the ship due to the toxic smoke.
Each year approximately 44 million tons of cargo valued at approximately $24 billion moves through the deep draft Lower Columbia River, according to the Pacific Northwest Waterways Association (PNWA).
“The Columbia Snake River System is the nation’s largest wheat export gateway. When combined with soybeans, corn, pulses and other grains, it is the third largest grain export gateway in the world. It is number one on the west coast for forest products and mineral bulk exports,” notes the PNWA.
The Mouth of the Columbia River jetty repair and rehabilitation project underway with J.E. McAmis, a heavy-civil, marine and environmental contractor, is critical.
September 2017 saw 1,401,081 trailers and containers transported via intermodal rail. It’s the highest monthly total ever.
Intermodal numbers are also up for the year with volumes 3.4 percent higher than YTD in 2016 and 30 bps higher than 2015, the highest volume year on record.