The Northern California port handled 204,255 TEUs for the month, with full container imports reaching 80,253 TEUs and full container exports totaling 75,460 TEUs.
IMF lowers U.S. growth forecast as Trump’s fiscal plans have yet to materialize
The International Monetary Fund has lowered the GDP growth projection for the United States from 2.3 percent to 2.1 percent for 2017, warning that the Trump administration is unlikely to achieve its stated goal of an annual GDP growth of 3 percent.
APL vessel collides with Kaohsiung berth
The boxship APL Jeddah lost power and hit the number 58 berth at the Taiwanese port last Friday, according to a report from Seatrade Mariitme.
TNT nearly back on its feet after Petya attack
Operations at the Netherlands-based FedEx subsidiary are slowly but surely coming back online after experiencing havoc late last month when a computer virus ravaged critical business systems.
MOL-owned chemical tanker runs aground in Columbia River
The liquid bulk carrier Argent Cosmos, a seven-year-old, 557-foot vessel managed by Singapore-based Tokyo Marine Asia, was loaded with over eight million gallons of ethanol and other chemicals when it ran aground July 6 near Skamokawa, Wash.
HMM inks Vietnam port development deal with SNP
The South Korean ocean carrier signed a memorandum of understanding with Saigon Newport Corp. for the joint development of port and container depot facilities in Vietnam.
U.S. beefs up meat exports in May
The United States increased its amount of beef, pork and lamb exports in terms of volumes and value in May compared to a year prior, according to data from the U.S. Department of Agriculture and the U.S. Meat Export Federation.
Executive Moves: Janel Group and Army Corps of Engineers
Janel Group, Inc. names new president, while the U.S. Army Corps of Engineers, Charleston District appoints new commander.
Special Coverage: The two-headed dragon
For some shippers, data capability and accuracy are becoming as important as service and pricing when differentiating between transportation service providers.
Potential $6b sale of OOIL further consolidates Asian shipping industry
After the purchase, container carriers COSCO Shipping Lines and OOCL will continue to operate under their respective brands, with a combined fleet of 400 vessels with capacity exceeding 2.9 million TEUs including orderbook, the companies said Sunday.