Although U.S. consumer spending is still lagging its potential this year, it is likely to pick up in the second half, but not enough to fill container vessels with the imports needed to support freight rate increases. That was the takeaway from Thursday’s JOC webcast on the Peak Season Shipping Forecast.

IAG Cargo’s revenue grew 8.8 percent in the second quarter as favorable exchange rate movements offset lower traffic and a flat load factor.

With piracy on the rise again, particularly in Southeast Asia, security professionals are recommending conducting more intensive screening of ship crews to create one less possible avenue for criminal elements to gain access to ships.

Work on the New Port Project at Al Wakrah, Qatar, is rapidly progressing towards completion as the small Gulf nation seeks an alternative to the congested existing port.

Oman International Container Terminal operated by Hutchison Port Holdings, will quadruple capacity to 6 million 20-foot-equivalent units, to capitalize on the recent closure of the Port Sultan Qaboos, Muscat.

China Cosco Holdings has told investors it believes subsidies from Beijing for scrapping and upgrading its fleet will push the state-owned line to a $306 million first half net profit.

Old Dominion Freight Line barely downshifted as the economy slowed in early 2015, increasing revenue, profit, shipments and tonnage year-over-year in the last quarter.

The Port of Miami posted double-digit container volume growth in June, a testament to the port’s concerted effort to boost organic growth and preserve business diverted from the U.S. West Coast during the port congestion crisis in late 2014 and early 2015.

A steep drop in fuel surcharges coupled with an increase in driver wages helped drag profit and revenue down at Con-way Freight and Con-way Truckload. Menlo Logistics lost revenue, but managed to increase profit.

Mitsui OSK Lines this week said it is launching a barge terminal operation company in Bangkok aimed at moving goods more speedily and efficiently from Thailand's gateway port of Laem Chabang to the capital of Bangkok.