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The Dubai-based port terminal operator was fighting a proposed 750 percent rent increase at Port of Melbourne.
The Port of Busan's newest container terminal, BNCT, expects to have an annual throughput of 1.7 million TEUs for the full year in 2015.
The Federal Maritime Commission has asked OAKMTOA to provide additional information about their plan to fund weekend gates at the Port of Oakland with a fee on cargo moving through their facilities Monday through Friday.
The U.S. Coast Guard closed part of the Mississippi River Thursday after a collision between two ships caused oil to leak into the water.
State-owned China Railway Rolling Stock Corporation, the first Chinese railcar firm to win a major transit contract in the United States, will produce and assemble cars for the Boston, Mass. subway system.
The Federal Railroad Administration is seeking applications for $10 million in competitive grant funding available to states to improve highway-rail crossing safety.