The U.S.-based marine transportation company, which has offices in Mobile, New York, Tampa and Shanghai, and its subsidiaries, have filed for Chapter 11 relief in the United States Bankruptcy Court for the Southern District of New York.

Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued rate increases on various trades.

The shipping advocacy group adopted the goal of ending container shipping charges, which it said can sometimes exceed the contracted price for shipments making the management of total shipping costs unpredictable for cargo owners.

The truckload transportation and logistics services provider reported a net income of $24.7 million in the second quarter of 2016 and $47.2 million in the first half of 2016, year-over-year decreases of 10.7 percent and 17.4 percent, respectively.

The tank barge operator’s President and CEO David Grzebinski said the company lowered its full year 2016 EPS guidance to a range of $2.40 to $2.70 to reflect a potential continuation of the deterioration in the inland marine market in July.

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

Integrity Logistics names VP of operations, while AirBridgeCargo Airlines’ executive VP resigns.

The U.S. Department of Transportation said it plans to allocate almost $500 million to 40 projects under the popular TIGER grant program.

The international oil shipping services provider, which paid Bretta Tanker Holdings $15.1 million in the second quarter of 2016, saw profits for the first half of 2016 slip 11.3 percent year-over-year to $153.7 million.

The Port of New York and New Jersey, which experienced the second busiest June ever for box volumes, was called by a 10,077-TEU containership at the GCT Bayonne Terminal.