The World Shipping Council and three other shipowner groups tell the European Commission consortia block exemption for liner shipping should be extended.
Terminals being hit with heavy volumes because of tariffs at a time when many longshoremen are taking vacation.
Jebel Ali Terminal 4 will feature what the company is hailing as a revolutionary racking system and will be ready by Expo 2020.
U.S. says military cargo was improperly weighed by three units of YRC, resulting in higher freight costs.
China’s COSCO Shipping is being forced to sell the facility as part of its acquisition of container carrier Orient Overseas Container Line this summer.
Some carriers will seek to broaden reach, while others stick to their knitting, predicts Drewry.
More longshoremen are needed because of retirements, cargo growth.
Transportation Secretary Chao says the funding will support road, rail, transit and port infrastructure projects across the country.
Value Protect “can act as a substitute or as supplement to regular cargo insurance.”
Shipping giant retains investment grade rating, but Moody’s expects it to operate at a higher leverage.
The two CMA CGM subsidiaries will “shore up our relevance in the economically thriving Asia through the CNC brand ahead.”
Richard J. Bolte Jr. will remain CEO of the Philadelphia-based global logistics and transportation services company.
The new law includes provisions aimed at protecting suppliers such as U.S. marine terminal operators, tug boat operators and bunkering companies.
Consultants foresee increased economic links between Russia and China.
Container carrier says “carbon neutral vessels must be commercially viable by 2030” to achieve its goal.
Pilot project will focus on selling transportation on services from China to the United States.
But the industry is much stronger financially than container liner companies, according to the consulting firm AlixPartners
Ocean Alliance carrier will add Port Tampa Bay to the rotation of its transpacific Gulf of Mexico Express service.
Both companies will start using new formulas on Jan. 1 in advance of the low-sulfur exhaust mandate.
Alaska Railroad remains shut down, but neither TOTE Maritime Alaska nor Matson reports injuries or damage.