The new law is modeled on the International Maritime Organization’s Safety of Life at Sea (SOLAS) amendment, which took effect on July 1, 2016.
More shippers are putting freight lanes up for bid, Covenant Transportation Group executives say.
Installation of the new Tideworks Technology system at San Juan follows the rollout of the system last September at Crowley’s Port Everglades, Florida terminal.
It will be the company’s first net loss since its privatization in October 2007.
There are signs potential negative effects of the new alliances on transshipment and tariffs may be overstated, according to the CEO of HPH Trust.
A consortium of seven labor federations had earlier served notice of a nationwide strike from April 19, but later agreed to defer the action until May 12.
Yang Ming has managed to beat the market on the trans-Pacific eastbound in the first quarter as the carrier tries to restore shipper confidence following its recent share trading suspension.
There is not yet any resolution to the Shanghai congestion, but vessel berthing delays are showing a slight improvement.
Kansas City Southern de Mexico is rejecting a Mexican government report alleging that there is little competition between the railroad and two others.
UPS's Mark Modesti believes smaller shippers increasingly are drawing near an "inflection" point when it comes to adding technology and changing processes to control inventory. They need to get past that point to survive and grow.