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)...
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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...
Geodis introduces air zone bypassing for US companies shipping to Canada
Geodis has introduced a new air zone skip service to help U.S. e-commerce companies shipping to Canada achieve faster direct-to-customer cross-border delivery. Geodis' existing small parcel delivery service, MyParcel, allows US businesses to ship to 26 European countries, the United Kingdom, and Canada. The new air zone skip service is...