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The Port of Baltimore told American Shipper it will offer ocean carriers financial incentives to use rail for inland moves.
The Port of Los Angeles will begin construction this summer on a two-year project to upgrade and expand berths and backlands at the Yusen Terminals LLC container terminal.
Spot rates as measured by the Shanghai Containerized Freight Index fell 10.7 percent after spiking upward last week.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
The U.S. Senate also passed a long-term highway bill that will be debated by the House after the summer break.
The European Commission will now conduct an in-depth analysis under the EU's merger regulations before coming to a decision on FedEx's $4.8 billion offer to buy TNT.