According to Milenio, Tesla could soon announce its first automotive assembly plant in Mexico. The automaker is said to be acquiring land in Nuevo Leon, a Mexican state bordering Texas, to manufacture the new Semi, an all-electric Class 8 truck. "Tesla will arrive in Santa Catarina [Nuevo Leon]. The investment...
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The Louisiana International Terminal project has received an investment of $800 million
The Port of New Orleans has secured $800 million toward a $1.8 billion Lower Mississippi River container facility. Ports America and Mediterranean Shipping Company investment arm Terminal Investment Limited recently provided funding for the Louisiana International Terminal facility, which will be capable of handling 2 million twenty-foot equivalent units (TEUs)...
Shippers complain that STB railroads need to fulfill their everyday carrier obligations.
Several shippers told federal regulators on Tuesday that they don't believe railroads are meeting their everyday carrier obligations because of service issues they've experienced in the last year, including increased use of embargoes to control congestion. According to federal regulations, the common carrier obligation obligates railroads to transport freight if...