Container transport revenues at the Danish shipping conglomerate fell 20 percent year-over-year for the quarter due to a 26 percent decline in average freight rates.
The troubled South Korean ocean carrier received approval from seven lenders to restructure debts and will now turn its focus to restructuring ship chartering agreements.
SSA Marine's Oakland International Container Terminal, which has operated nights and Saturdays for two months to ease pressure on busy weekday cargo operations, will stay open three nights a week in a during a four-week trial.
Registration takes less than 1 minute.
The shipment management software provider will offer the verified gross mass submission tool free when booking or shipping instructions are filed through the company's platform.
The U.S. Food and Drug Administration has finalized a new safety rule to help prevent the contamination of both human and animal foods during transport.
The Port of Houston authority announced its new policy on container weights, as well as container throughput for the the first quarter and developments with ongoing infrastructure improvement projects.