Budget includes $1 trillion in DOT capital infrastructure improvements and hikes for trade enforcement operations and overall funding for the Office of the USTR.
A year after the launch of an electronic truck reservation system, truck turn times at the Virginia International Gateway terminal are down about 32 percent.
Industry leaders will address “Navigating a Carrier’s Market: Becoming a Shipper of Choice” at 2 p.m. EDT.
The $27 million transaction, which is expected to close in April, will help the Tennessee-based company expand its final-mile delivery services.
World Shipping Council CEO John Butler says breakthroughs will be needed to reduce greenhouse gas emissions.
The federal funding will help pay for the multiphase project, which will allow Conley Container Terminal to handle vessels up to 12,000 TEUs once completed.
Maersk, which has been reducing its holdings in Total over the past year, says it sold shares worth about $1 billion.
Rodolphe Saadé, CEO of CMA CGM, is expected to be elected as chairman of CEVA during annual meeting in April.
NFI Industries will use the acquisition of the Seattle-based firm to expand its non-asset intermodal services, especially in refrigerated transport.
“A stalwart leader within the American Association of Port Authorities” passed away Saturday following a battle with pancreatic cancer.
The Treasury Department agency has added four Russian individuals and six companies for their alleged involvement supporting attacks against Ukraine’s navy.
A World Shipping Council study outlines benefits of vessel-sharing agreements as European regulators study whether to extend antitrust protections past April 2020.
The acquisition of Poland’s largest container terminal is worth more than $1.1 billion, according to The Wall Street Journal.
The 11,000-TEU Cape Sounio, operated by ZIM on a service offered by the 2M alliance, arrived Monday after transiting the Panama Canal.
U.S. tariff levels on China apparently will depend on how far China is willing to go in agreeing to Trump administration requests for trade enforcement and other priorities.
Drewry says container carriers may try to mitigate the rising cost of fuel by slowing ship speeds and relying more on feeder ships.
CBP will begin accessing liquidated damages against non-vessel-operating common carriers that fail to timely and completely file their Importer Security Filings.
Transportation Secretary Elaine Chao announced the immediate availability of the “quick release” funds to help repair damaged roads in Tennessee and Ohio.
The German logistics services provider made the purchase to help establish its network in Canada.
Rates from Asia to the U.S. East Coast have fallen since the fourth quarter of 2018, and there are “several signs of slowing world trade.”
