The United States exported 726,848 net tons of steel in December, a 0.3 percent decrease from the previous month and a 0.2 percent increase from a year earlier, according to American Institute for International Steel.

The member carriers of the 2M vessel sharing agreement will add Asia-Europe and transpacific services in order to accommodate the volumes gained through slot purchase agreements with Hyundai Merchant Marine and Hamburg Süd.

Although throughput declined due to the port’s sluggish dry bulk segment, profits rose 5 percent from 2015 to 222.2 million euros, according to the Port of Rotterdam’s latest financial statements.

The mid-Atlantic port saw general cargo tonnage surge 21.6 percent year-over-year in January to 1.86 million tons.

The index fell 6.5 percent from last Friday to a reading of 886.26, largely resulting from sharp declines on the Shanghai to Europe and Mediterranean trades.

Despite predictions that trade will have a diminished future, the reality will likely be much more intense for those managing international supply chains, said Jerry Cook, vice president of government and trade relations with Hanesbrands.

The Danish global transport and logistics provider reported adjusted earnings of 2.5 billion Danish krone (U.S. $358.3 million) on DKK 67.7 billion in revenues in 2016, year-over-year increases of 13.3 percent and 33.2 percent, respectively.

Michael Pram Rasmussen, chairman of the board of directors of Danish shipping conglomerate A.P. Møller – Mærsk A/S, is stepping down from his role as the company reported only its second annual loss since World War II.

Third-party provider Yusen Logistics has purchased Transfreight Automotive Logistics Europe for an undisclosed sum in an effort to expand its vehicle transport support and operations offerings, the company said in a statement.

Korea Investor Service, an affiliate of Moody’s, upgraded Hyundai Merchant Marine’s corporate credit rating after the carrier saw revenues decline and a larger operating loss in 2016, while the bottom line improved.