The Port of Houston authority announced its new policy on container weights, as well as container throughput for the the first quarter and developments with ongoing infrastructure improvement projects.
Overall revenues for NYK, MOL and "K" Line fell 5.4 percent, 6 percent and 8.1 percent, respectively, for the last fiscal year ended March 31, 2016.
The Atlanta, Ga.-based parcel giant posted a net income of $1.1 billion for the first quarter of 2016 on revenues of $14.4 billion, year-over-year increases of 10.2 percent and 3.2 percent, respectively.
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Brambles, an international pallet and crate supplier operating under the brands CHEP and IFCO, has announced a number of sustainability measures that it aims to implement by 2020.
Thanks to $100 million investment in infrastructure improvements, the Port of Wilmington, N.C. will be able to handle 10,000-TEU vessels by this summer, the North Carolina State Ports Authority said in a statement.
United States air carriers flew 35.9 billion revenue ton miles (RTMs) in 2015, a 2.2 percent increase from 2014.