MSC blames a “challenging operating environment for business.”
Retailers: Stop ‘reckless escalation’ of China tariffs
A tit-for-tat trade war with China would “sap the energy out of the strong U.S. economy,” according to the National Retail Federation.
Maersk hires new CFO
Carolina Dybeck Happe succeeds Jakob Stausholm, who resigned as chief financial officer of the Danish shipping conglomerate in March.
CN unveils Saskatchewan investments
Railway plans to invest C$210 million across the province as part of record C$3.4 billion capital program.
MOL dives into subsea support market
Japanese ocean carrier and its parent company are acquiring 50 percent stake in AKOFS Offshore AS.
Savannah Port Logistics Center construction begins
New warehouse campus will feature two buildings with more than 2.3 million square feet of space.
FedEx FY18 earnings soar on tax cuts
The Memphis-based parcel giant reported a net income of $4.57 billion, up 52 percent year-over-year.
CMA CGM buying short sea specialist Containerships
The deal is expected to close within three to six months.
Shipping organizations air sulfur cap concerns
International Maritime Organization called on to address safety and penalties.
Six Shipping Act agreements filed
FMC accepting comments through July 2.