The London-based containership owner and operator has extended an order for five 11,000-TEU vessels from Hyundai Heavy Industries with an additional four 14,000-TEU ships.
MSC opening terminal at Khalifa Port
The world’s second-largest container carrier has signed a 30-year concession agreement with Abu Dhabi Ports.
Container rates trending up after lengthy decline
After moving in different directions the previous week, both the SCFI and Drewry WCI gained ground last week.
Talking Trade with Rebecca Dye
FMC commissioner addresses changing container-shipping landscape and ongoing investigations.
Section 321 automation among top trade priorities
Customs commissioner tells NCBFAA a lot of work remains to be done.
Data-sharing deals next step in port pilot
Shipping lines need to reach agreements with GE Transportation in order for the PierPass 2.0 program to move ahead.
IAG Cargo Q1 revenues rise nearly 11 percent
The strong growth came despite a slight year-over-year decline in transport volumes.
U.S. logistics employment steady in April
Transportation and logistics companies added another 400 jobs during the month following three consecutive monthly gains, according to recent preliminary data from the U.S. Department of Labor.
AAR: U.S. rail volume growth continues
Total U.S. freight rail shipments climbed another 5.1 percent for the month following year-over-year gains of 5 percent in March and 3.3 percent in February.
Kirby buying Targa’s inland marine tank barge fleet
The $69.3 million deal includes 16 pressure barges with an aggregate capacity of about 258,000 barrels.