Low warehouse vacancy rates near West Coast ports are forcing developers to creatively redesign older properties or move further inland to build large distribution facilities.
The court is hearing issues related to the bankruptcy filing by Hanjin Shipping, which left its more than 90 ships and 500,000 containers around the world in limbo.
Pinning a rough third quarter on the volatile ocean container shipping industry, UP posted year-over-year declines in third-quarter intermodal volume and related revenue, as well as a double-digit decline in overall profit Thursday.
Maersk Line has resumed calls to Iran after a five-year hiatus.
Even when volumes rise, lower revenue shows impact of reduced rates, fuel surcharges at publicly owned carriers.
SAL Heavy Lift has won a contract from the Dutch offshore construction company Van Oord.
A Hanjin ship just released from arrest outside the Panama Canal is one of two expected to stop at the Port of New York and New Jersey in the next week.
The Panama Canal Authority said increased rainfall has permitted an increase in maximum allowable drafts at the canal’s new locks.
Seatrade's order underscores the strength of the reefer market.
CMA CGM has signed a memorandum of understanding to promote liquefied natural gas as the marine fuel of the future.