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"Repercussions on the global supply chain will be felt over the next few months and perhaps years to come," said the CEO of supply chain research firm Resilinc.
The Port of Rotterdam Authority signed an agreement with the Medan, Indonesia-based port company to conduct a feasibility study on the construction of a new deep water port in Kuala Tanjung.
With waterway's expansion now 93 percent complete, employees task with building the new locks are demanding wage increase.
The U.S. Coast Guard closed part of the Mississippi River Thursday after a collision between two ships caused oil to leak into the water.
State-owned China Railway Rolling Stock Corporation, the first Chinese railcar firm to win a major transit contract in the United States, will produce and assemble cars for the Boston, Mass. subway system.
The airline group reported August cargo volumes dropped to 417 million cargo ton kilometers.