Union Pacific and Canadian National Railway have reached a binding agreement that would expand CN's access to key U.S. Midwest markets while removing the Canadian carrier's opposition to Union Pacific's proposed acquisition of Norfolk Southern.
The memorandum of understanding establishes a framework for preserving rail competition following the proposed merger, which remains subject to approval by the U.S. Surface Transportation Board (STB).
Under the agreement, CN would gain competitive access to shipper ...
[+]
A survey released by We Pay the Tariffs, an advocacy organization that opposes broad U.S. tariffs, found many small businesses continue to report higher costs, reduced margins and delayed investment tied to U.S. trade duties, underscoring the ongoing challenges many importers say they face despite evolving tariff policies.
The report is ...
[+]
NYK has completed its acquisition of Norway-based open-hatch vessel operator Saga Welco AS, making the company a wholly owned subsidiary of NYK Holding (Europe) B.V. after regulatory approvals.
The deal, announced in March, gives NYK full ownership of Saga Welco, which had previously been jointly owned with Norway's Westfal-Larsen Group.
Saga Welco ...
[+]
The International Air Transport Association has appointed Saadia Zahidi as its next director general, effective Nov. 1, making her the first woman to lead the global airline trade association.
Zahidi joins IATA after more than two decades with the World Economic Forum, where she serves as managing director and a member ...
[+]
The U.S. Environmental Protection Agency has proposed revising its heavy-duty nitrogen oxide (NOx) emissions standards for model year 2027 trucks, a move the agency says could reduce the cost of new commercial vehicles by as much as US$6,000 each while saving the trucking industry an estimated US$12 billion.
The proposal would ...
[+]
U.S. for-hire truck tonnage edged up 0.1 percent in June following a revised 3.2 percent decline in May, though volumes remained below year-earlier levels as freight demand continued to soften, according to the American Trucking Associations.
ATA's seasonally adjusted For-Hire Truck Tonnage Index rose to 113.1 in June, based on 2015 ...
[+]
Mintra has introduced two online training courses designed to help organizations prepare for the European Union's AI Act, which takes effect Aug. 1 and establishes a risk-based framework governing the use of artificial intelligence.
Developed with legal experts from Nordic law firm Schjødt, the courses are intended to help companies understand ...
[+]
Cargo iQ has restructured its board to give airlines, freight forwarders and ground handling companies more balanced representation as it pushes wider adoption of its air cargo quality standards across the supply chain.
Three new members joined the board: Jeanne-Mari Reardon, vice president air product EMEA at CRANE Worldwide Logistics; Paul ...
[+]
The International Air Transport Association has sharply criticized proposals to extend the European Union Emissions Trading System beyond Europe's borders, warning that the move could provoke international disputes, undermine European competitiveness and complicate global aviation decarbonization efforts.
IATA Director General Willie Walsh called the proposal a repeat of an approach abandoned ...
[+]
GEODIS has introduced electric delivery vehicles for last-mile operations in Vietnam, becoming one of the first logistics providers to deploy electric-powered urban distribution in the country.
The initiative supports business-to-business and business-to-consumer deliveries for luxury and retail customers in Ho Chi Minh City using VinFast EC Van 2026 electric vehicles. GEODIS ...
[+]
More »
