South Korea’s second largest shipping line seems to be turning a corner in its debt restructuring of late, and has now set its sights on joining the leading vessel sharing agreement by capacity on the major east-west trades.

Taiwanese ocean carrier Yang Ming Transport Corp. named former Evergreen Line executive Bronson Hsieh as its new chairman.

The U.S. International Trade Commission on Wednesday said the domestic steel industry is harmed by undervalued imports of cold-rolled steel flat products from China and Japan.

The Federal Aviation Administration on Wednesday proposed two separate civil penalties against Amazon in the combined amount of $130,000 for alleged violations of federal hazardous materials regulations.

The Seattle-Tacoma International Airport is ramping up to handle millions of pounds of fresh cherries for export during the next two months.

The Port of Longview in Washington state, which is seeking interested parties in taking over its Bridgeview Terminal, said it would prefer operators interested in handling import and export bulk cargo, but it’s open to other possible marine uses.

Cargo volumes carried by U.S.-flag Great Lakes freighters slipped 12.5 percent year-over-year in May, largely due to sharp declines in iron ore and coal volumes.

Year-over-year pricing dropped for the 17th consecutive month in May 2016, according to the latest Cass Intermodal Price Index, and analysts with Avondale Partners expect this trend to continue through the rest of 2016.

Truckload pricing dipped another 1.2 percent in May 2016 compared to the same 2015 period following declines of 0.6 percent and 2.3 percent in March and April, respectively, according to the latest Cass Truckload Linehaul Index.

The seasonally adjusted For-Hire Truck Tonnage Index equaled 139 for the month, up 2.7 percent from April and 5.7 percent compared with May 2015, following declines in each of the previous two months, according to the American Trucking Associations.