The group has disposed of its entire 34.2 percent stake.
India wants port authorities to lower rail handling charges to draw more truckloads onto intermodal trains.
Collapse of Hanjin Shipping highlights needed for better understanding of carrier risk.
The port is operating close to capacity with berth utilization over 90 percent.
China Cosco president spells out the way forward for container lines as they sail up to a crucial crossroad.
A chassis provider has asked a federal judge to cancel all its per-diem leasing agreements with Hanjin Shipping.
A week after Hurricane Matthew’s clouds lifted, US shippers continue to experience delays or outright embargoes on cargo moving in and around eastern North Carolina where rail lines and roads remain underwater.
Quarterly net profit dropped at the third-largest trucking operator for the first time since early 2014, thanks to lower truckload and intermodal rates. Dedicated is an exception.
Extra charges collected by private terminal operators are hurting the progress of direct port delivery services meant to relieve congestion at the harbor and lower logistics costs for shippers.
A local official diverted union funds for personal use.