The National Development and Reform Commission said 11 shipping companies will cut terminal handling costs in China, according to the Shanghai Daily.
Demand surges for Iranian crude oil
Demand for Iranian crude oil has increased in Europe since sanctions were lifted early last year.
AAR: U.S. rail traffic rises 4.2% in February
Combined United States carload and intermodal cargo volumes increased for the fourth consecutive month in February 2017 following several months of year-over-year declines, according to data from the Association of American Railroads (AAR).
Delta Cargo launches DASH Critical & Medical
DASH Critical & Medical, which offers real-time tracking and monitoring of any eligible shipment, is available from 10 locations nationwide, with service to 89 mainland U.S. destinations and Hawaii.
APL enters new chapter
CEO Nicolas Sartini said the period of uncertainty before its sale to CMA CGM is over and the brand is ready to flex its U.S. expertise and innovative spirit again.
Commerce stands pat on U.S. Q4 2016 GDP estimate
United States gross domestic product increased 1.9 percent in the fourth quarter of 2016, according to the “second” estimate from the Department of Commerce, down from a 3.5 percent growth rate in the third quarter.
K+N ups earnings in 2016
Kuehne + Nagel CEO Dr. Detlef Trefzger said the global third-party logistics provider increased market share in all business units in 2016.
Seaspan records $139m loss in 2016
The containership owner and charterer recorded a loss of $139 million on revenues of $877.9 million for the full year of 2016.
Great Lakes shipping season commences operations
The 2017 Great Lakes Shipping Season officially kicked off Tuesday, while the Soo Locks in Saulte Ste. Marie, Mich. are scheduled to open March 25.