Deutsche Bahn is currently evaluating the final offers and needs to discuss with the government on CVC’s proposal.
August 23, 2024Extras
CVC and DSV Compete in $15.6B Bid for DB Schenker Unit
DSV Orders 300 Electric Trucks in Major Volvo Deal
Logistics firm DSV plans to buy 300 electric heavy trucks from Volvo AB in what would be one of the largest commercial orders to date for the Swedish manufacturer’s battery-powered rigs.
CPKC, CN Prepare to Restart After Labor Dispute Intervention
Canada’s two largest railways are preparing to restart operations after the country's government stepped in to try to end a labor dispute that has halted freight movement.
CN Will End Its Lockout Immediately, Rail Official Says
TORONTO — CN is ending its lockout immediately and moving forward with a plan to get its trains moving again following an order to enter forced arbitration with its union, a rail official says.
Belgian Firm Opens Georgia Logistics Site for Equipment
Belgium’s Aertssen Logistics has opened a North American hub near the Port of Savannah in Georgia for agriculture, mining and construction machinery on a 35-acre site.
Miners Tap Trucks to Sidestep Canada's Rail Stoppage
Two mining giants are rerouting shipments and turning to trucks to deal with disruptions from a Canadian railway stoppage that threatens to undermine the industry’s operations.
Key Bridge Collapse Spurs $5M Small Business Grant Fund
A $5 million grant program aimed at supporting Baltimore-area small businesses hit hard by the collapse of the Francis Scott Key Bridge launched Aug. 21.
August 22, 2024CN and CPKC Initiate Lockout After Labor Talks Fail
The Canadian railway system has been struck with two major work stoppages amid failed labor negotiations Aug. 22.
Trudeau Tells Railways, Union to Reach Deal to Avoid Strike
Prime Minister Justin Trudeau is urging Canada’s two largest railways and unionized workers to reach a deal to avert a strike that businesses warn will cause significant harm to the economy.
Canadian Economy at Risk as Rail, Port Strikes Approach
Canadian businesses are warning about potential long-term damage to the economy if railway and port strikes go ahead and choke the country’s vital trading arteries.