American Shipper

The index fell 6.5 percent from last Friday to a reading of 886.26, largely resulting from sharp declines on the Shanghai to Europe and Mediterranean trades.

The Southern California port’s container volumes surged 8.7 percent year-over-year in January to 582,689 TEUs.

The mid-Atlantic port saw general cargo tonnage surge 21.6 percent year-over-year in January to 1.86 million tons.

Third-party provider Yusen Logistics has purchased Transfreight Automotive Logistics Europe for an undisclosed sum in an effort to expand its vehicle transport support and operations offerings, the company said in a statement.

Deal also includes NPC Projects and MCC Marine Consulting & Contracting, which is active as a bunker and chartering broker.

Korea Investor Service, an affiliate of Moody’s, upgraded Hyundai Merchant Marine’s corporate credit rating after the carrier saw revenues decline and a larger operating loss in 2016, while the bottom line improved.

The likeliest outcomes for how infrastructure investment decisions will be made.

Japan prime minister has to balance results with public perception in talks with Trump

Stimson trade experts not bullish on future of U.S.-China trade relations

Canadian International Freight Forwarders Association (CIFFA) Executive Director Ruth Snowden said trade is an important source of jobs for the country.

On the occasion of his 80th birthday, Jacques Saadé the founder of CMA CGM, appointed his son to run what is the world’s third largest ocean carrier.

The Taiwanese ocean carrier has sold 161 million new shares to the state-run National Development Fund, Taiwan Navigation and a handful of unnamed institutional investors, according to multiple media reports.

Taneli Ruda, head of ONESOURCE Global Trade, has examined the economies of China and India, and analyzed the economic outlook for both countries.

Since the opening of the Central American waterway’s expanded third lane, roughly 2 percent of vessel transits have resulted in incidents that damaged the ship or the canal locks themselves, according to a recent report from the Associated Press.

The South Korean shipbuilder recorded a net profit of 682.3 billion South Korean won for 2016, up from a loss of 1.36 trillion won for 2015.

The Spanish government will face strikes at all ports across the country later this month, according to International Transport Workers’ Federation (ITF) Maritime Operations Coordinator Jacqueline Smith.

Iptor Supply Chains Systems names new chief financial officer, while PayAnyBiz hires executive vice president of sales and marketing.

The Oslo, Norway-based freight rate benchmarking platform secured $12 million in a Series B investment round to expand sales and product development.

A broad industry coalition sent a letter to President Donald Trump urging him to find a long-term, user-based revenue source for the Highway Trust Fund and not to rely solely on private funding for the administration’s infrastructure investment plan.

Various forwarders, custom house brokers and shippers’ associations sent letters to the Federal Maritime Commission, supporting a petition filed by the Coalition for Fair Port Practices in December.