The loss is “lower than those of all other shipping lines we know of,” because Hamburg-Sud refused to accept freight rates that didn’t cover operating costs, the company’s CEO told the Hamburger Abendblatt...
Read MoreDespite a still-tenuous economy that has hurt many of the nation’s ports, the big expansion bets the Port of Oakland made early this decade are now bearing fruit. Using money it raised from municipal bond sales,...
Read MoreOne of the solutions to Long Beach’s ongoing budget problems may be buried deep underground [in the form of oil]. Mayor Bob Foster made it clear … that while the project is the biggest thing on the table for the city...
Read MoreUnion Pacific Railroad has raised the roof on 15 of its tunnels over Donner Pass in the Sierra, allowing double-stacked trains to cross the pass and go through Reno for the first time on the way to Chicago. Double-stacked trains...
Read MoreThe Port of Vancouver has won another $2.9 million in federal funding for its West Vancouver Freight Access rail loop project. U.S. Sen. Patty Murray, D-Wash., ensured that the final 2010 Consolidated Appropriations Act included...
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