Transport Topics
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The bankruptcy of South Korean ocean carrier Hanjin Shipping Co. and consolidation in container shipping will pave the way for a better 2017 for the industry, according to Robbert van Trooijen, the Asia-Pacific chief of Maersk Line.
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CSX Corp. and Hunter Harrison have discussed a three-year contract for the railroad veteran to take over as CEO, but the deal has bogged down over details on how to support his plan to turn around the company, according to a person familiar with the situation.
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Infrastructure proposals congressional Republican leaders and the Trump administration come up with this year should prioritize funding for improvement projects along seaports, the group representing the country's ports indicated this week.
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UPS Inc. announced a significant escalation of its investment in solar energy as an owner/operator of solar assets starting with at least eight of its facilities in the United States.
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