ZIM records $6.6 million loss in third quarter
Higher volumes are not able to offset a decline in freight rates and higher fuel costs.
Higher volumes are not able to offset a decline in freight rates and higher fuel costs.
The port handled 82,397 loaded import containers last month, making it the busiest October in its 91-year history.
Retired Navy Rear Adm. Phil Greene will be succeeded by Jeff Dixon.
The company targets $100 million incremental increase in operating profit within two years.
New trade lanes are designed to offer more frequency and help customers reduce inventory.
Taras Chabanovych was charged with conspiracy in the production of fake commercial driver’s licenses.
The commission remains concerned about how terminal operators of the West Coast MTO Agreement will apply the joint fee pricing process.
Korean carrier will “put its utmost efforts to stably secure additional cargoes” to fill the 20 ships on order.
IT executives from Maersk, MSC, CMA CGM, Hapag-Lloyd and ONE aim to create open standards that other stakeholders in the industry can freely use.
Daniel Maffei could return to the agency and could be joined by Florida maritime industry veteran L. E. Sola.
The Trump administration will block U.S. business transactions involving Saudi officials who allegedly took part in the killing of Jamal Khashoggi.
Brent Bruun and Mark Woodhead are given more duties, Jake Gilene is named senior vice president and Luc Smulders is appointed secretary-general.
Training app for mobile devices also added to portfolio of products.
The U.S.-China Economic and Security Review Commission recommends the U.S. government consider bringing a type of WTO case scarcely used against China.
Largest container carrier reports a 31 percent increase in revenue and a profit of $360 million in the third quarter.
The U.S. Environmental Protection Agency announced a plan that aims to further reduce nitrogen oxide emissions from truck engines.
Naum and Irina Morgovsky used their company to ship unlicensed infrared and thermal devices to Russia, a violation of the Arms Export Control Act.
British Airways and Iberia Airlines will pay $5.8 million in fines for falsely reporting the times they transferred U.S. mail to foreign postal operators
ALAN already has donated transportation of supplies to fire-ravaged areas.
Worldwide Flight Services hires a vice president; California port names an IT director.