The recently formed shipowner started by investment and asset firm MPC Capital announced the acquisition of seven initial containerships on Monday, with an additional six on the way.

Class I freight railroads in the United States employed 149,107 workers as of the middle of April 2017, down 0.14 percent month-over-month and 2.64 percent year-over-year.

The Hamburg-based transportation and logistics services provider recorded a net income of 30.95 million euros (U.S. $34.75 million) for fiscal year 2016, down just 0.6 percent year-over-year, according to the firm’s latest financial statements.

Dubbed “Azteca,” the weekly container service will transport agri-food products from key ports in Central and South America to Oakland and Los Angeles, Calif., the French ocean carrier said Tuesday.

The maritime information provider and creator of the famed Baltic Dry Index will work closely with shipbrokers and end-users to create new freight rate benchmarks and indices to be launched later this year, according to Baltic Exchange CEO Mark Jackson.

The Trump administration has nominated Richard Ashooh of New Hampshire as the assistant secretary of export administration in the Commerce Department’s Bureau of Industry and Security.

The Philadelphia Regional Port Authority has rebranded the Northeast U.S. port to PhilaPort in wake of increased investments and port expansions.

The future of self-driving commercial cargo trucks and autonomous ocean vessels is fast approaching, but questions remain about how to develop, test and regulate the still-emerging technology.

New technology in the ocean freight forwarding and brokerage markets gives shippers more options for procurement and service providers additional channels to reach customers at a fraction of the cost.

The mid-Atlantic port handled 2.56 million tons of general cargo during the first quarter of 2017, up 5 percent year-over-year, primarily due to an increase in car and container volumes.