U.S. gross domestic product increased 1.4 percent in the second quarter of 2016, according to the “third” estimate from the Department of Commerce, following a revised increase of just 0.8 percent in the first quarter.
The Ottawa-based Chamber of Marine Commerce will take over the operations of the Canadian Shipowners Association.
Rep. Jaime Herrera Beutler, R-Wash., sent a letter to the heads of the Department of Transportation, Federal Railroad Administration and Pipeline and Hazardous Materials Safety Administration asking DOT to study potential methods for reducing the combustib
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The ocean carrier’s revenue declined to $3.5 billion ($3.3 billion excluding the contribution from NOL) from the $4.1 billion in the second quarter of 2015 as the persistent pressure on freight rates drove down average revenue per TEU.
The Taiwanese ocean carriers have added new functions to their online systems in response to the unexpected service disruptions caused by Hanjin Shipping's insolvency.
The South Korean liner carrier is surely to blame for its own demise, but how much of its demise can be attributed to luck in an industry where most play follow the leader?