FASA

The American Waterways Operators has released a study documenting the contribution of the U.S. tugboat, towboat and barge industry on the nation’s economy.

U.S. freight volumes across all modes will see 2.8 percent growth in 2017 followed by a 3.4 percent average annual increase through 2023, according to forecasts from the American Trucking Association’s Freight Transportation Forecast 2017.

The Malaysian port terminal operator saw net profit for the second quarter of 2017 fall 6.9 percent compared to the same 2016 period, primarily due to lower container throughput at its terminals.

Launched in November 2015, BCG xChange aims to make it more efficient for ocean carriers to reposition empty cargo containers and has now introduced a new feature allowing users to track the full journey of those containers.

Singapore-based ocean carrier Pacific International Lines’ ties to African trades might make it an attractive candidate for buyers interested in gaining a foothold in the emerging market, according to industry analysts.

COSCO finds even with a ‘perfect bride’ like OOCL, getting married is expensive.

Two U.S. government officials said the crew of the USS Fitzgerald committed multiple mistakes and failed to take action leading up to a deadly collision with the NYK-operated ACX Crystal, according to a report from CNN.