Terminals at the Port of Los Angeles handled more than 9.2 million TEUs during the fiscal year that ended June 30, a rise of 9.7 percent from the 8.39 million TEUs that came through the Southern California port during FY 2016.
Maersk containership nearly runs aground off Alaska
The Anchorage, Alaska U.S. Coast Guard station and Alaskan Department of Environmental Conservation towed the disabled Laura Maersk to safety after the vessel lost power over the weekend.
New ONE CEO talks overcapacity, industry consolidation
Jeremy Nixon, the new CEO of Ocean Network Express, tells Maritime CEO the recently formed joint container venture aims to be “large enough to survive and yet small enough to care.”
J.B. Hunt’s earnings throttle back in Q2
The Lowell, Ark.-based intermodal and trucking provider’s earnings per share of $0.88 for the quarter fell short of analyst expectations, but operating revenues rose 7 percent from the second quarter of 2016.
NY/NJ receives largest containership in port history
The 13,208-TEU OOCL Berlin, which measures over 1,200 feet in length and is 157 feet wide, is also the largest vessel to date to transit under the newly elevated Bayonne Bridge roadway.
Amazon to establish first warehousing facility in Missouri
The e-commerce giant will occupy two buildings outside of St. Louis, one for sortation and the other as a delivery station, according to local news source KMOV.com.
Premium chassis pool network to open at Port of New Orleans
The NACPC’s New Orleans pool is fleeted with new 40-foot chassis featuring radial tires, LED lights, ABS and auto-inflation systems that can be leased direct to motor carriers or beneficial cargo owners for daily, short- and long-term use.
USTR details Trump administration goals for NAFTA renegotiation
The Office of the United States Trade Representative has released specific negotiating objectives for the planned renegotiation of the North American Free Trade Agreement.
SimpliShip ties up with TMS provider Kuebix
The ocean and air freight marketplace will integrate with Kuebix to provide users of the transportation management system with direct access to international rates via SimpliShip’s API.
Yang Ming to list 500m shares in new public offering
The Taiwanese ocean carrier will offer the shares to existing shareholders, Yang Ming employees and the general public as part of the company’s ongoing recapitalization plan.