The shocking announcement that J. Christopher Lytle, executive director of the Port of Long Beach, will resign to become executive director at the Port of Oakland is a major loss for the nation’s second largest container port and a huge victory for the Northern California port,
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The Shanghai Containerized Freight Index extended its decline in European lanes, despite recent general rate increases set for May 15 and future increases scheduled for early June and July.
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The Port of Virginia is aiming to boost container traffic by capitalizing on its post-Panamax draft, tapping improved intermodal service, increasing customer service and developing distribution centers.
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