The growth in demand for seafarers could generate a serious shortage unless training levels are increased significantly, according to a report by the Baltic and International Maritime Council and International Chamber of Shipping.

After overtaking the U.S. as the world’s largest wheat exporter, Russia is becoming a bigger part of the corn market with expectations for a record crop.

Inchcape Shipping Services has named its global compliance officer, while Kane Is Able has hired a senior vice president of human resources.

Investment firm HCI Group, along with two other investors from among its shareholders, took over 13 containerships from HSH Nordbank.

The French ocean carrier transported 2.9 percent more containers, but saw the average freight rate tumble 17.6 percent when compared to the first quarter of 2015.

The 19 ocean carrier members of the Ocean Carrier Equipment Management Association are collaborating with six U.S. ports to establish a harmonized container weighing process.

The third-party logistics provider formed an agreement with CNH Industrial to manage the company’s agricultural and commercial vehicle spare parts supply chain requirements in Shanghai, China.

The 19 ocean carrier members of the Ocean Carrier Equipment Management Association are collaborating with six major East and Gulf coast ports to establish a common streamlined “Terminal Weighing Approach.”

Third-party logistics provider CJ Korea Express is considering purchasing Netherlands-based CEVA Logistics from private equity firm Apollo Global Management, according to a report from industry news outlet The Loadstar.

Frank Lonegro, chief financial officer of the Class I railway, told investors and analysts at the Bank of America Merrill Lynch Transportation Conference in Boston the company expects volumes to decline in the high single digits in the second quarter.