Rates from Shanghai to Northwest Europe and the Mediterranean have increased dramatically in the past two weeks, but rates from Shanghai to the United States have fallen three weeks in a row.

The U.S. Coast Guard closed part of the Mississippi River Thursday after a collision between two ships caused oil to leak into the water.

State-owned China Railway Rolling Stock Corporation, the first Chinese railcar firm to win a major transit contract in the United States, will produce and assemble cars for the Boston, Mass. subway system.

NYK signed a joint-venture agreement with Ports Development Company to create the first exclusive roll-on/roll-off terminal in Saudi Arabia, which will be located at King Abdullah Port.

European fashion retailer Primark and contract logistics solutions provider Exel announced Primark officially established a presence in the Northeastern United States.

The Federal Railroad Administration is seeking applications for $10 million in competitive grant funding available to states to improve highway-rail crossing safety.

The Commerce Department said U.S. exports of goods and services in July reached $188.5 billion, up from $187.7 billion the previous month.

The Russian cargo airline launched a twice-weekly direct freighter service from Moscow to Singapore starting Sept. 3.

NYK and Monohakobi Technology Institute, an NYK Group company, jointly developed “Kirari NINJA,” the first camera device in the industry designed to monitor a vessel’s engine.

The airline group reported August cargo volumes dropped to 417 million cargo ton kilometers.