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.
The eastbound lane at Gatun locks will tentatively close for 10 days in May for dry chamber work.
Currently general manager for ride-sharing firm Lyft in Southern California, Kan has also served on the board of directors for Amtrak since 2015, the White House said in a statement announcing his nomination to Under Secretary of Transportation for Policy.
However, the French ocean carrier, which acquired APL last year, said operating profits recovered in the fourth quarter of the year.