The number of containers moving through major North American ports was up over 4 percent in the first half of 2014, port statistics show.
The Port of Long Beach has resumed full cargo-handling operations after storm surges from Tropical Storm Marie subsided.
Maersk Line and Mediterranean Shipping Co. could eventually operate ships of up to 19,200-TEUs on east-west trades that touch the U.S., within their planned “2M” vessel-sharing agreement, according to a filing with the U.S. Federal Maritime Commission.
Jeffrey Boston has succeeded Chris Dombalis as chief executive officer at U.S. mainland-Puerto Rico carrier Trailer Bridge.
Rising revenue at Air China in the first half was not enough to lift cargo yield into positive territory, and the mainland carrier struggled against stiff competition and a weakening RMB-U.S. dollar exchange rate.
Intermodal chassis provider Direct ChassisLink Inc. has acquired REZ-1, which for 20 years has supplied technology for intermodal equipment management and service.
Boyd Bros. Transportation and Interstate Distributor are the latest U.S. trucking companies to boost truck driver pay as motor carriers scramble to find drivers to move freight.
An investment consortia including the U.S. private equity giant Kohlberg Kravis Roberts has acquired a portfolio of nine feeder container ships previously owned by German KG funds.
Thirty million times since 2005 a truck entered or left a Los Angeles-Long Beach marine terminal during off-peak hours, relieving daytime congestion around the largest U.S. port complex, thanks to the Offpeak program run by PierPass.
New capacity and a pickup in global trade drove strong profitability at DP World in the first half of 2014, leaving the global terminal operator with a positive outlook for full-year 2014.
Spot market truck pricing is unseasonably high in late August, with shippers paying on average 16 cents more per mile for dry van trucks than a year ago, DAT Solutions said.
The U.S. Federal Maritime Commission Wednesday received the “2M” vessel sharing agreement proposal for the east-west trades, starting the clock on the agency’s review of the Maersk Line-Mediterranean Shipping Co. plan for the alliance created following the rejection of the P3 Network by China in June.
China Merchants Holdings (International) is the second state-owned terminal operator to post positive first half results with total container throughput rising by 18 percent to 38.5 million TEUs, consolidating its position at the top of the mainland’s port operator table.