FASA

Two more berths will be added to the Pasir Panjang Terminal 5, increasing annual handling capacity from two million TEUs to four million TEUs.

Promoters of a plan to connect the Alaska Railroad to the rest of the North American rail system say it could create new opportunities to exploit natural resources in the Far North and improve the lives of Canadians and Alaskans in remote inland locati…

Separately, the three Japanese ocean carriers – NYK, “K” Line and MOL – on Friday filed an agreement with the Federal Maritime Commission to merge container operations.

Shippers exporting goods to Asia have experienced a large drop in available slots for containers with almost every shipping line, according to the European Shippers’ Council.

The nationwide trucker and third-party logistics provider said it hopes to raise between $281 million and $359 million with the initial public offering, and provided details on how it plans to use the proceeds.

However, rates from Shanghai to Europe and the Mediterranean both fell 0.5 percent since last Friday.

Negotiations between the United States and European Union on the Transatlantic Trade and Investment Partnership free trade agreement may still be on the table despite assumptions to the contrary, according to a report from Agence France-Presse.