The West Coast seaport posted a cargo throughput of 619,699 TEUs for November and 6.6 million TEUs for the first 11 months of 2015.
WWL extends Baltimore port lease through 2045
Ro-ro carrier and auto processor Wallenius Wilhelmsen Logistics already has more than 200 full-time employees at the Port of Baltimore, but officials said the new contract will support almost 1,000 direct jobs at the port and 1,500 indirect jobs.
Port of Houston sets container throughput record in 2015
The Gulf Coast port handled over 2 million TEUs so far this year, surpassing the previous record of 1.96 million TEUs set in 2014.
Philadelphia selects port advisory members
Pennsylvania Gov. Tom Wolf has appointed 13 individuals from business, labor and government to serve on the Port of Philadelphia Advisory Committee.
House passes STB reauthorization
Legislation to expand the scope and authority of the Surface Transportation Board, the federal regulatory body responsible for economic oversight of the nation’s freight rail system, now goes to the president’s desk for approval.
MarAd completes Guam Commercial Port Improvement Project
The $50 million project administered by the United States Maritime Administration on behalf of the Department of Defense has officially reached completion.
New rail container shuttle launches in Sweden
The Gothenburg, Sweden-based rail operator SCT Transport AB will commence a new container rail shuttle between the Port of Gothenburg and Katrineholm.
Inditex Boasts 20% Profit Increase in the First 9 Months
Madrid—Inditex, owner of Zara, said today that its profit for the first nine months of the year soared 20%, helped by a 16% increase in sales. In the nine months ending October 31, net profit rose by a fifth to 2.02 billion euros ($2.2 billion) on sales up 16% to 14.7 billion euros. In constant […]
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Retailers Urge Congress to Reject Customs Bill Unless Online Sales Tax Is Included
Washington–The National Retail Federation today called on Congress to reject a customs reauthorization bill set for a vote this week unless it includes a provision allowing states to require online merchants to collect sales tax the same as local stores. “As more and more Main Street retailers close their doors because they cannot compete, it […]
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Shipping removed from COP21 climate change agreement
Industry associations are urging environmental leaders at the COP21 climate talks in Paris to reinstate language surrounding the shipping and aviation industries to the draft agreement, saying regulations should be done through the IMO.