American Shipper

The company says freight rates are higher as it begins contract negotiations with North American shippers.

C.K. Yoo is credited with helping HMM navigate a difficult period and last April was offered a three-year contract extension.

With deeper channels, longer and wider ships will be able to move to and from berths without having to wait for high tides.

The ship, which was damaged by a container fire in early January, currently is at a yard in the Bahamas.

The strategic move positions the company to “more effectively provide economical shipping options for its clients throughout the Midwest and Northeast.”

A study finds year-over-year growth of 8.2 percent for freight traffic and 3.6 percent for number of vessels that transited the waterway.

Analyst predicts a slowdown in U.S. containerized imports and continuing shift to to East Coast ports.

A KPMG trade analyst during a webinar outlined several measures companies subject to Section 301 duties might look into in order to remain competitive.

The House Committee on Oversight and Reform exposes potential ethics violations by the White House in its support to export nuclear power equipment.

Terminal operator’s move to strengthen its European short-sea presence follows last year’s acquisition of Unifeeder.

TFI International agrees to $7.2 million purchase of the Atlanta-based express delivery service’s assets, including its Guardian Medical Logistics unit.

Shippers and service providers say they are suffering from “an increasingly unbalanced market situation since carriers entered into major cooperation agreements.”

The Taiwanese liner carrier has until May to decide on an option for four slightly larger containerships from Japan Marine United Corp.

Hong Kong is under global pressure to close back channels to facilitating exports used in weapons of mass destruction programs in sanctioned countries.

The call will be a part of the company’s Pacific Express 3 service, which will create the “first direct connection” between the Vietnam market and central Florida.

Technology-driven logistics company names CFO; air cargo handler strengthens global network.

Fierce competition from nearby ports, high terminal handling charges and manufacturing moving out of China are bogging down the port’s container business.

Regional maritime feeder operators in Europe likely will find it extremely difficult to compete as the industry is dominated by companies with monopolistic traits.

Maritime groups tell California legislators not to give special treatment to Oakland Athletics.