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The Port of Los Angeles will begin construction this summer on a two-year project to upgrade and expand berths and backlands at the Yusen Terminals LLC container terminal.
Lim, a native of South Korea, is currently the president of the Port of Busan, but has spent years working at the United Nations agency.
The Gothenburg, Sweden-based ferry operator and the Port of Rotterdam have agreed to construct a second berth at the Stena Line terminal at Europoort.
Neptune Orient Lines, parent of ocean carrier APL, is "totally focused" on returning the liner business to profitability, NOL CEO Ng Yat Chung said during a call with securities analysts.
Descartes will link trade compliance data and documentation from its Global Logistics Network to SAP's transportation management application for better shipment visibility for SAP's TM customers.
The U.S. Department of Commerce’s Bureau of Economic Analysis also revised a previous prediction of a 0.2 percent decrease in first quarter gross domestic product to a 0.6 percent increase.