Ports America, Ceres and SSA Marine plan a joint venture in Charleston and Savannah, while TOTE subsidiary and Luis Ayala Colon want to partner in San Juan.
A requirement for ships to go slow in order to reduce greenhouse gas emissions could be counterproductive, says the Coalition for Responsible Transportation.
CEO Rolf Habben Jansen said transpacific contract rates saw an average “three-digit increase” per TEU.
But the company says revenues are up and predicts an increase in operating revenue for 2019.
Effective May 28 the maximum authorized draft for vessels transiting the canal’s Neopanamax locks will be 43 feet, down from 50 feet at the beginning of the year.
Some shippers have not yet posted general average and salvage security.
The National Association of Manufacturers called on Congress to swiftly reauthorize the Ex-Im Bank after three board members were confirmed.
Members of the International Longshore and Warehouse Union have been negotiating with employers for 17 months to replace the contract that expired on March 31, 2018.
There is not enough time to front-load shipments if Trump acts later this week.
Macquarie Infrastructure fund selling facilities to the Singapore-owned terminal operator for an undisclosed price.
Toll Global Forwarding has been selected by the Port of Los Angeles to negotiate a lease for a prime warehousing location currently used by NFI’s Cal Cartage unit.
Bills in state legislature to limit containerships calling Houston could “crush” economic growth, say International Longshoremen’s Association and USMX.
Connecticut Port Authority partners with wind energy company Ørsted and the electric utility Eversource on $93 million of improvements in New London.
Port commissioners will decide whether to give the Oakland Athletics four years to complete studies and agreements for proposed baseball stadium that industry opposes.
FMC commissioners told during a meeting Wednesday there is “ample capacity” and freight rates have decreased.
When carriers cut ship speeds in the great recession, emissions fell. Now a group of companies says this phenomenon can be used to fight global warming.
Gains in international intermodal offset by losses in domestic container and trailer moves.
Sharp increase in profit, revenues and volumes reflect the purchase of a majority interest in Orient Overseas (International) Ltd. last summer.
DSV says it had “healthy top-line growth” and expects to close Panalpina acquisition in third quarter of 2019.
Orient Overseas (International) Limited announced the sale for $1.78 billion of Long Beach Container Terminal to a consortium led by Macquarie Infrastructure Partners.