Big ships come to U.S. even as backhaul cargoes still lacking, and truckers deal with terminal shut-outs and chassis imbalances.
The cocaine shipment from Colombia is the second largest seized at the Port of New York and New Jersey in 25 years.
The executive committee of the AFL-CIO’s Transportation Trades Department set an agenda Monday that also eyed rail safety and combating commercial driver fatigue.
BP Marine says it conducted comprehensive testing of the new fuel that will comply with the IMO regulation that goes into effect next year.
Down, down, down – freight rates are down, nearly across the board, on export and import routes to and from China, according to indices published by the Shanghai Shipping Exchange.
International Container Terminal Services (ICTSI) has released solid results for 2018. The port and terminal operator, which is headquartered in Manila, Philippines, had an up-up-up 2018 compared to 2017. ICTSI’s box volumes were higher, revenues increased and the group generated higher profit.
Infrastructure hearings and a controversial waiver have lawmakers taking sides on the Jones Act debate.
MatchBack Systems provides an innovative approach to manage shipping container costs and improve efficiency optimization through the use of matchbacks.
CEO Appel says 2019 restructuring of postal, e-commerce unit to drive 2019 profitability.
Container volume growth will not outstrip global GDP to the same degree as in the past because many commodities once shipped in bulk already have shifted to containers.
Huarong Energy, formerly known as Rongsheng Heavy Industries, which was China’s largest privately owned shipbuilder, sold the assets to the bond holder for HK$1.
E-commerce giant Alibaba says it will deepen collaboration with the parcel delivery company STO Express
Korea Development Bank will transfer its Daewoo stocks to a subholding company to be established by Hyundai Heavy in return for equity stake in the company.
Member of THE Alliance is latest ocean carrier to experience financial difficulty amid a still volatile rate environment.
Republican Sen. Mike Lee’s Open America’s Water Act would open U.S. domestic waterborne commerce to “qualified,” non-U.S.-flag vessel operators.
Competiton regulations prevent container shipping lines discussing individual cargo owners between themselves, but this regulation may prevent the lines from warning each other about the potential dangers of a cargo. Its time for a change in the rules some say.
Stevedoring company says the investment by Blackstone Infrastructure Partners is “growth oriented.”
Purchase will add a cloud-based terminal operating system for small container and mixed cargo terminals.
There are worries that the U.S. may be seen as an unreliable source of commodities such as soybeans.
The group reported a 1.8 percent growth in revenue in 2018, but the decline in EBIT was attributed to 502 million euros spent on restructuring the PeP division.
