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The Southern California port plans to acquire 3,000 container chassis in two steps.
New legislation introduced in the U.S. Senate seeks to provide the government with more data about port performance.
Democratic Senators on Tuesday blocked legislation that would restore the president’s trade negotiating authority from going to the floor for a vote.
Pasha Group acquired Horizon Line's Hawaii trade lane operations, while Matson took over the ocean carrier’s Alaska business.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.