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Industry growth will necessitate 60 additional container terminals per year, and APM Terminals is looking at opportunities in all different types of cargo, according to Chief Executive Officer Kim Fejfer.
The United States will host a meeting of Trans-Pacific Partnership trade ministers in Atlanta on Sept. 30-Oct. 1, preceded by a meeting of TPP chief negotiators from Sept. 26-29.
Data from BlueWater Reporting shows the termination of the NHX service between Asia and East Coast of South America will decrease weekly deployed capacity between the two regions by 10.2 percent.
No sighting of lifeboat yet as multiple aircraft and ships search the area for TOTE Maritime Puerto Rico ship and crew.
Rep. Stephen Fincher, R-Tenn., introduced a bill that would restore Ex-Im Bank’s operations and include various reforms, but will require a "discharge process" to reach the House floor for a vote.
The company’s minority investment in e-commerce specialist Ally Commerce Inc. is more about research than revenues, according to Rimas Kapeskas, head of UPS’s strategic enterprise fund.