A.P. Moller-Maersk, parent of the world’s second-largest shipping line, said that as of late May it has bought back almost $600 million worth of stock.
President Donald Trump on Friday made new trade threats against the European Union and iPhone maker Apple.
Ocean container rates are surging after the tariff ceasefire stoked demand from China to the United States.
Coal remained the commodity leader as U.S. rail carloads stayed ahead of year-ago levels.
The ports of Los Angeles and Long Beach are looking for a new harbor rail operator for the first time since 1998.
Federal regulators are opening an informal investigation to determine whether less costly foreign-flag ship registries are undercutting U.S. foreign trade.
The Port of Savannah saw record container traffic for the month of April, the third straight record month for the Georgia gateway.
The ITS Logistics US Port/Rail Ramp Freight Index shows looming issues at rail terminals and an early peak season ahead.
Zim Integrated Shipping Services Ltd. said better volumes and freight rates boosted profit in the first quarter.
Los Angeles’ port chief doesn’t foresee a “huge surge” of import traffic at the busiest U.S. container hub during the tariff pause.
The U.S. trade representative on Monday will hold a second hearing into proposed port fees on Chinese ships that could add substantial costs to moving cargo through American ports.
The Port of Long Beach, California, saw record container volume as the China-U.S. tariff fight spurred frontloading by importers.
The tariff pause saw Hapag-Lloyd bookings from China to the United States increase 50%.
Cross-border tensions are moderating Canadian National’s outlook, but its CEO still expects around 3% growth in freight volumes this year.
Shippers are rushing to bring in stalled China imports following a pause in the U.S.-Sino tariff fight.
The world’s second-largest container carrier wants to kick-start the reset of China-U.S. shipping with a sale on freight rates.
After China and the United States paused tariffs, ocean shippers and carriers watch and wait to see how demand develops.
Container lines welcomed a pause in the tariff war that has crippled trade between the United States and China.
The Port of Virginia wants container shippers to know that it’s not beholden to China.
The parent of Maersk, the second-largest ocean container carrier, revised its full-year box outlook, saying tariffs could cut global volumes by 1% from a year ago.
