The container freight market is strengthening as carriers begin some 2017 negotiations, and Drewry said some shippers could see contract rates rise 20-40 percent in worst case scenarios.

Liberty Woods International filed a lawsuit in personam against Dalia Ship Holding and in rem against Dalia’s ship, the Ocean Quartz, seeking $1.4 million for damage it said occurred to shipments of plywood.

Donald Trump said his actions led the world’s second-largest automaker to declare a $1 billion investment in U.S. manufacturing operations this year.

The World Customs Organization entered into a memorandum of understanding with the Organization for the Prohibition of Chemical Weapons (OPCW) to strengthen national and international controls related to trade of toxic chemicals.

After a record setting year in 2016, containership scrapping could reach 750,000 TEUs in the coming year, according to industry analyst Alphaliner.

Port of Seattle Commission elects new leadership, while American Trucking hires senior vice president of legislative affairs and Aljex Software creates new position, vice president of technology.

The Jacksonville, Fla.-based Class I railway said that in 2016, the industry continued to face headwinds from low global commodity prices and the strength of the U.S. dollar.

William Dudley, president of the Federal Reserve Bank of New York, raised questions about the unintended consequences of a House Republican proposal that would significantly hike taxes on imports.

A fire broke out in the engine room of the Alliance St. Louis on early Monday morning in the Gulf of Mexico.

The new center at APL’s corporate headquarters in Singapore has been designed to serve CMA CGM Group’s fleet in the Asian region by examining nautical, meteorological and geographic information in real-time, 24 hours a day, 7 days a week.