The Japanese ocean carrier will consolidate two ship management subsidiaries in July 2017 in an effort to , “K” Line said in a statement.
Schneider profits drop 20% in Q1
Trucking carrier Schneider National expects improving market conditions in the second half of 2017 driven by an improved freight market and electronic logging device mandate.
Amazon sued for ‘bullying’ carriers, unpaid fees
Texas-based less-than-truckload carrier Central Freight Lines has filed a lawsuit against the e-commerce giant for millions in unpaid fees and court costs, according to legal research firm LexisNexis.
Uber hits speed bump in European Union
The San Francisco-based ride-sharing company could lose its fight in the European Union against being regulated as a traditional taxi service, but appears to be driving ahead in new business areas, such as freight transportation.
Virginia box volumes up 4.6% in April
Container throughput at Port of Virginia terminals has increased 7 percent so far in the fiscal year that will end on June 30, according to recent figures from the Virginia Port Authority.
U.S. beef, LNG exports ready for China
U.S. exporters of beef and liquefied natural gas will soon have access to China’s burgeoning market, as a result of the U.S.-China Comprehensive Economic Dialogue.
Lighthizer confirmed as USTR chief
The U.S. Senate on Thursday voted 82-14 to confirm Robert Lighthizer as the White House’s head of the Office of the U.S. Trade Representative.
Navios creates new company to invest in containerships
Navios Maritime Containers plans to raise $75 million through a private placement to help fund its acquisition of 14 ships from Rickmers Maritime.
FMC reviews 12 OTI license applications
The U.S. Federal Maritime Commission has received 12 ocean transportation intermediary license applications and changes for review.
Pasha taps Keppel for new LNG-powered containerships
The Honolulu-based ocean carrier placed an order for two dual-fuel capable 2,525-TEU vessels with the Keppel AmFELS shipyard in Brownsville, Texas, with delivery expected in the first and third quarter of 2020.