The United Kingdom's vote to leave the European Union last week could have implications for the Transatlantic Trade and Investment Partnership between the U.S. and EU, as well as the Trans-Pacific Partnership, according to experts at the Stimson Center.
The struggling South Korean shipping line plans to return 20 containerships and 18 bulk vessels when their charters expire this year and next as the latest step in its cost cutting and restructuring efforts.
A collection of maritime industry groups on Monday released a supplementary set of frequently asked questions to support smooth implementation of the container weight rule scheduled to take effect Friday.
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The French ocean carrier transported 2.9 percent more containers, but saw the average freight rate tumble 17.6 percent when compared to the first quarter of 2015.
CSX shuffles senior labor relations and network operations management, while Metro Ports appoints director of northern California and the Pacific Northwest.
The two Class I railroads will spend $28 million to make improvements along a 320-mile rail line between Meridian, Miss. and Shreveport, La., with work scheduled to start next week.