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.
Overall revenues for NYK, MOL and "K" Line fell 5.4 percent, 6 percent and 8.1 percent, respectively, for the last fiscal year ended March 31, 2016.
The Atlanta, Ga.-based parcel giant posted a net income of $1.1 billion for the first quarter of 2016 on revenues of $14.4 billion, year-over-year increases of 10.2 percent and 3.2 percent, respectively.
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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 National Customs Brokers & Forwarders Association Of America says its members want issues related to vessel coordination, chassis, drayage availability, dwell times, container turnaround times, demurrage and detention to be addressed.
The new International Maritime Organization container weight rule was just one of many concerns raised during the Port of Long Beach’s annual Pulse of the Ports Peak Season Forecast on Wednesday.