Drewry’s World Container Index stands at $1,759.86 per FEU, up 4 percent from last week and up 12.6 percent year-over-year.
CBP issues alcohol tax refund rule
Importers are still paying rates that were in place prior to enactment of tax reform legislation.
Port of Los Angeles volumes rebound
Container throughput climbed 4.6 percent in July after four consecutive monthly declines.
Truckload rate growth hits double digits
U.S. truckload rates surged 10.2 percent in July, the largest year-over-year percentage increase in more than a decade.
Vard building autonomous ship
Crewless, electric containership will move products along Norway’s coastline.
Intermodal pricing climbs 12 percent
July figure marks the largest year-over-year increase since 2011.
WiseTech makes another purchase
Trinium Technologies is a Los Angeles-based intermodal trucking software provider.
Carver Maritime signs Port Manatee deal
New York-based company will operate a 10-acre aggregate terminal at the Tampa Bay port.
More North Korean shipping sanctions
Treasury Department says two of the companies illicitly ship cigarettes, a trade generating more than $1 billion annually.
Hapag-Lloyd adding 11,100 reefers
Company says it is seeing increased demand for transporting refrigerated cargo.