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Carrier rushed to market ahead of schedule because of strong demand.
U.S. Labor Secretary Perez announced Friday night the International Longshore and Warehouse Union and Pacific Maritime Association reached an agreement on a new five-year contract.
HMM taps Inchcape for Australian liner business, Pilot Freight Services sets revenue record in 2014, Reddaway and Troy Container Line start new services, Northwest Innovation Works relocates its corporate headquarters and CMA CGM opens two new offices.
On-time performance is being hampered by congestion at West Coast ports.
DHS funding crisis means the agency will have to focus resources on border security, cargo clearance
The shipping giant will return profits from the sale to its shareholders.