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Box volumes at the largest U.S. East Coast port were up 11 percent year-over-year in October, driven primarily by a 9.8 percent spike in loaded import containers.
The U.S. Maritime Administration notified the Mississippi State Port Authority that the Port of Gulfport has been designated as a “strategic seaport” by the Military Surface Deployment and Distribution Command.
Wilmington, Del.-based vehicle processor AutoPort will lease 16 acres of Port Canaveral’s new auto terminal and commence operations at the Florida port in January.
Consumers continue to migrate to mobile devices to make purchases, with mobile devices accounting for 36 percent of Black Friday sales, according to Custora, a company that provides predictive analytics for e-commerce.
Net income at the Israeli ocean carrier improved vastly compared to loss of $63 million in the third quarter of 2014 despite a 12 percent year-over-year reduction in total revenues.
Rates from Shanghai to Northwest Europe and the Mediterranean skyrocketed, while rates to the United States inched up slightly from last week.