However, Ryder’s revenues for the quarter rose 7 percent year-over-year, driven by higher fuel costs passed through to customers.
Ships carrying up to 9,800 TEUs can now call terminals west of the Bayonne Bridge without worrying about tidal conditions now that U.S. Coast Guard Sector New York and pilot organizations lifted air draft restrictions.
American Shipper has launched a short survey to collect feedback on how the industry expects to be affected by the new ocean carrier alliances that launched at the beginning of the month.
Registration takes less than 1 minute.
Waymo, the automated vehicle subsidiary of Google parent Alphabet, has filed a lawsuit against Uber, alleging intellectual property theft and patent infringement by the co-founder of its recently purchased self-driving technology provider Otto.
The state Board of Public Works gave the Maryland Port Administration the go ahead to spend up to $92.5 million to acquire a 103-acre parcel at Point Breeze for Port of Baltimore’s Seagirt Marine Terminal, a spokesperson for the MPA confirmed Friday.
European Parliament members voted Wednesday to include maritime shipping in the European Emission Trade Scheme Directive by 2023, if there’s no comparable system operating in the International Maritime Organization by 2021.