DB Schenker appoints senior finance and HR executives for North America team, while the Canadian Airports Council elects new chairman.
German ocean carrier Hapag-Lloyd reached an agreement with United Arab Shipping Company on a merger that would make Hapag-Lloyd the fifth largest container carrier in the world.
German ocean carrier Hapag-Lloyd reached an agreement with United Arab Shipping Company on a merger that would make Hapag-Lloyd the fifth largest container carrier in the world.
The agriculture shipper advocate praised container weighing methods recently outlined by the Ocean Carrier Equipment Management Association and G6 Alliance carriers, saying terminals nationwide should adopt similar methods.
The Port of Oakland commissioners have unanimously awarded Executive Director Chris Lytle a new three-year contract, keeping him on board through July 2019.
Gov. Nathan Deal said the wider set of canal locks that opened Sunday will enable the Port of Savannah to reinforce its market share for all-water trade from Asia.
The technologies needed to create remote and autonomous ships already exist, meaning it’s actually a matter of when it becomes a reality, not if, according to the Rolls-Royce led Advanced Autonomous Waterborne Applications Initiative.
A.P. Moller-Maersk Group’s new CEO Soren Skou has his work cut out to move the company’s shares higher, according to Bloomberg Gadlfy columnist Chris Bryant.
The U.S. International Trade Commission has determined that imports of corrosion-resistant steel products from China, India, Italy, South Korea and Taiwan harm domestic producers of similar products.
South Africa’s state-owned ports and rail operator Transnet SOC Ltd. experienced an increase in earnings and revenues for the year ending March 31, 2016, as container and automotive volumes rose.
The Dutch Tax and Customs Administration and participating terminal operators will no longer require a physical customs document to be submitted when transferring containers from one terminal to another at the Maasvlakte facility in the Port of Rotterdam.
The United States exported 794,537 net tons of steel in April, a 2.5 percent increase from March, but a year-over-year drop of nearly 6 percent.
The Panama Canal’s third lane opened for business, following Sunday’s transit of the 9,472-TEU COSCO Shipping Panama.
The 9,742-TEU containership COSCO Shipping Panama began its historic passage through the expanded waterway, construction of which began back in 2007, Sunday morning.
The U.S. Department of Transportation is looking into how delays at ports and other loading and unloading facilities may be affecting driver compliance with hours-of-service rules designed to increase safety.
Union Pacific’s failure to maintain its track and equipment resulted in broken and sheared lag bolts, which caused the June 3 derailment of a train near Mosier, Ore., according to a preliminary report from the Federal Railroad Administration.
Meanwhile, the pound slid the most on record to its weakest since 1985, while the yen rallied on demand for haven assets, following Britain’s vote to leave the European Union.
The global shipping industry will see earnings worsen, while freight rates will remain depressed amid ample supply, according to projections from the credit rating agency Moody’s Investors Service.
The Shanghai Containerized Freight Index rose 5.6 percent since last Friday, fueled by the strong increases from Shanghai to Northwest Europe and the Mediterranean.
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped another 3.2 percent year-over-year in April 2016, according to the Bureau of Transportation Statistics.
