Maritime cargo activity at the ports of Seattle and Tacoma supported 48,100 direct, indirect and induced jobs and $4.1 billion in income and re-spending in the region, according to a study released Tuesday by Martin Associates.
Florida East Coast Railway is preparing for completion of the Port of Miami’s harbor-deepening project in the fourth quarter of 2015 by purchasing new equipment and locomotives and offering expedited services to population centers in the Southeast.
Nearly $300 million in subsidies were given to four Chinese ship lines today, as the Chinese government begins to roll out parts of a six-year plan to update its shipping industry.
A report by Japan's ClassNK found no definitive cause for the MOL Comfort's sinking but said further investigation is needed into the structural design of large container ships.
A Zim Integrated Shipping Services ship forced to abandon its scheduled call at the Port of Oakland over the weekend is now docked at the Port of Long Beach and unloading.
The Middle East-based short sea shipping line Admiral Feeders has introduced a direct feeder link between India and Iran.
Truck rentals are "at an all-time high" as commercial operators seek new ways to match capacity and rising freight demand, a PacLease executive says.
Zenith Global Logistics will expand its fleet as the company continues to benefit from a growing demand for home furnishings in the U.S.
Container port congestion has been a hot topic this year, with issues including late ship arrivals; strikes, or fears of strikes, and their impact; terminal projects; and adverse weather conditions popping up across the world. While some congestion is caused by short-term issues, certain world regions may be at greater risk of persistent congestion in the longer term.
Shippers are getting U.S.-bound cargo more easily through the ports of Vancouver and Prince Rupert as the surge in imports avoiding the U.S. West Coast due to labor talks subsides with the conclusion of the ocean peak season.
Carriers operating in the Asia-Europe and trans-Pacific trades could fall victims to their own tactics, as Alphaliner predicts their refusal to trim capacity and the delivery of big ships could cause major spot rate erosion.
Modern Logistics S.A. has secured funding that will help the Brazilian logistics services provider launch operations within two months, offering regional warehousing and air and ground distribution.
Con-way Freight said it will boost truck driver pay by $60 million in 2015, restructuring pay rates for more than 14,000 line-haul and pickup-and-delivery drivers nationwide.