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Southern California container terminals clear backlog in wake of tentative ILWU contract.
Despite the exit of ocean carriers Hanjin and Hapag-Lloyd, Portland director says the port has "a valuable, unique market."
German carrier's departure follows decision by Hanjin to leave the port earlier this year.
The recovery of congestion laden West Coast ports significantly impacted shipment volumes and expenditures, according to the latest Cass Freight Index Report.
The southeastern ports continued their blistering growth rate, both increasing throughput by over 13 percent for the month.
Maersk Group and Crowley Maritime say the new company, called Ardent, will be headquartered in Houston.