The Chittagong Port Authority (CPA) has doubled the penalty for containers kept in its yards past free time.

Copenhagen-based Maersk has been seeking to reduce its exposure to the energy market.

Valencia likely will slip to second place behind Algeciras in the second half of the year.

The new investment brings its total venture capital funding to $13 million.

The issue threatens the hard-won gains from a government initiative to lower logistics costs for domestic shippers.

Carriers will have to reduce services or risk upsetting the supply demand balance as a massive injection of capacity is delivered between now and 2019.

The port of Rotterdam has consolidated its position as Europe's leading container port after several years of sluggish growth.

As of Aug. 16, Port Everglades has replaced Miami on the TA1/NEUATL1.

At least three carriers have pre-filed general rate increases.