American Shipper

Gregory Zikos, CFO of the Athens-based containership lessor, attributed the decline primarily to a seasonal softening of demand.

The results were not enough to offset declines in other segments, which pushed first-half profits for parent Deutsche Bahn down 27.9 percent.

The Swiss freight forwarder says using the blockchain-backed electronic bill of lading will give it a leg up on the competition.

Ruest and Owens named CEOs; Krishnamoorthy hired as VP of engineering.

More than 800,000 container orders are initiated through the ocean shipping information portal each week.

President Trump plans to tap former Chrysler Financial chairman and CEO.

The SCFI jumped 8.8 percent last week, but is still lagging behind the index reading from this time last year.

The House now must pass the new version of the legislation before it goes to President Trump for approval.

The WTO must develop common language and require all governments to abide by common rules.

The global third-party logistics provider said continued efforts to cut costs and increase productivity resulted in an 11.6 percent year-over-year increase in adjusted EBITDA.

The Chinese ocean carrier’s operations were disrupted throughout the Americas.

The rate is the fastest since the second quarter of 2014, but analysts warn trade tensions could weigh down growth in the near future.

Raising of Bayonne Bridge helped drive increase in container volumes.

Crowley offers tour of its new LNG-powered vessel.

The asset-light trucking company’s second-quarter net income jumped up 67 percent from last year.

Shareholders agree to COSCO acquisition of parent company.

Cargoes may be moved to Europe via the Trans-Siberian Railway.

The tank barge operator posted consolidated revenues jump of nearly 70 percent.

The German government also will promote the shift of freight traffic from road to rail.

CEO says outlook “promising, thanks to growing customer demand for rail shipments across most commodity groups, particularly in North America.”