Nine shipyards will share $4.9 million from the U.S. Maritime Administration for modernization projects aimed at making them more globally competitive.

Swiss WorldCargo, the air freight division of Swiss International Air Lines Ltd., has entered an agreement with va-Q-tec to provide cold-chain services for its global network.

The freight forwarding and logistics company launched two new less-than-container-load services.

South Korean steelmaker POSCO this spring plans to start building a $19 million wire rod processing plant at the Port of Indiana-Jeffersonville.

Third-party logistics services provider time:matters has expanded its same-day services from Portugal to about 20 destinations across Europe.

The airport handled 368,000 metric tons of cargo in March, a 1.1 percent year-over-year increase, primarily driven by 5 percent growth in exports and 3 percent growth in transshipments.

The logistics company opened a new 200,000-square-foot cold storage and blast freezing facility in Savannah, GA.

The National Shipping Company of Saudi Arabia, Bahri, saw net profits skyrocket 54 percent year-over-year in the first quarter of 2015 to 612 million Saudi riyal.

Macquarie, which already owns several container terminals in the U.S. and Canada, will now own the largest container terminal at the Port of New York and New Jersey.

Hutchison Port Holdings Trust has projected more mega ships will call at its Shenzhen port to move cargo from the key Chinese export manufacturing region.