However, rates from Shanghai to Europe and the Mediterranean both fell 0.5 percent since last Friday.

Negotiations between the United States and European Union on the Transatlantic Trade and Investment Partnership free trade agreement may still be on the table despite assumptions to the contrary, according to a report from Agence France-Presse.

South Korean shipyards exited the business of making cranes a decade ago because of stiff compeitition from Chinese makers.

The Hong Kong-based third-party logistics provider increased earnings in 2016, and looking ahead, expects to complete the acquisition of a controlling stake in a Dubai-based freight forwarding group in May.

Crane Worldwide’s services include air, ocean, trucking and customs brokerage, which are expected to boost DAVACO’s global reach and ability to support brand initiatives directly from the manufacturing plant.

CSC, a large U.S. refined sugar importer and exporter, has commenced a new packaging and distribution operation at the Port of Brownsville this week.

Ocean carrier Trailer Bridge is offering an additional service from the Port of Jacksonville’s Blount Island Marine Terminal to the Dominican Republic’s Santo Domingo port.

The U.S. Federal Maritime Commission has received 17 ocean transportation intermediary license applications and changes for review.

Rep. John Delaney, R-Md., this week filed two bipartisan bills that would fund the rebuilding of ailing U.S. transportation infrastructure with revenues from a one-time bond sale to U.S. corporations and long-term international tax reform.

Trucking industry executives visited the White House Thursday afternoon to talk about issues that affect their businesses.