Gulf states in the Middle East are expanding capacity and investing billions of dollars in their ports to accommodate booming traffic in the Asia-Europe trade lane.
Replacement labor used by APM Terminals to fill in for striking dockworkers at Peru's Port of Callao has started to affect container operations, according to the labor union's spokesman.
Dachser, the German logistics provider, is poised to expand its relatively small share of the U.S. air and ocean freight business.
Despite an uncertain economy, cross-border truck rates between the U.S. and Canada are rising, driving up overall trucking costs for Canadian shippers, Nulogx says. Currency fluctations and the need to secure capacity likely play a part in the price hikes.
U.S. shippers’ expectations for freight growth has dropped to its lowest levels in nearly five years, according to a recent survey.
Construction has begun on the second of two liquefied natural gas-fueled ships that Crowley Maritime Corp. has ordered for the U.S. mainland-Puerto Rico trade.
Container ship schedule reliability on the growing trans-Atlantic route during April was the lowest in at least three years, according to SeaIntel Maritime Analysis.
Shreyas Shipping and Logistics swung to a net profit of Rs. 61.75 crore (about $9.6 million) in the fiscal year ended March 31, a big turnaround from its loss of Rs. 4.32 crore ($675,000) in the previous year.
Rising charter rates helped Greek container shipowner Box Ships narrow its first-quarter loss close to break even.
A German-owned multipurpose vessel with a cargo of containerized fertilizer was evacuated Tuesday night in the North Sea after a fire broke out in one of its holds, according to the German Central Command for Maritime Emergencies.
The results of the 2015-2016 trans-Pacific contracting season are mostly in, and although carriers dug in their heels to get rate increases, for the most part they fell short of getting what they wanted.
Container traffic through the Port of Baltimore in April fell 8.8 percent year-over-year after a record March, Maryland Port Administration statistics show.
Guangzhou Port Group has announced plans to invest $484 million to expand the deepwater channel of the port to meet the demand for two-way transport of large vessels.