The mid-Atlantic port handled 2.56 million tons of general cargo during the first quarter of 2017, up 5 percent year-over-year, primarily due to an increase in car and container throughput.
The Building and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act is sponsored by U.S. Sens. Roy Blunt, R-Mo., and Mark Warner, D-Va.
London-based Shipamax, a participant in the logistics technology accelerator Dynamo's initial program last year, is aiming to digitize dry bulk broker processes.
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Members of the House Subcommittee on Coast Guard and Maritime Transportation say the law, which provides ocean carriers with limited antitrust immunity, is not up to date with the operational realities of today's liner industry.
Shippers, carriers and terminals swapped accusations in their filings with the Federal Maritime Commission that their positions on detention and demurrage charges are being mischaracterized.
The London-based shipping research and consulting firm said that even though freight rates fell seasonally in the first quarter of 2017, they are better than they were in 2016.