The mid-Atlantic port handled 2.56 million tons of general cargo during the first quarter of 2017, up 5 percent year-over-year, primarily due to an increase in car and container throughput.
The Building and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act is sponsored by U.S. Sens. Roy Blunt, R-Mo., and Mark Warner, D-Va.
London-based Shipamax, a participant in the logistics technology accelerator Dynamo's initial program last year, is aiming to digitize dry bulk broker processes.
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Chinese conglomerate HNA Holding Group Co. offered to purchase CWT Ltd. for 1.4 billion Singapore dollars (U.S. $995 million).
The Senate Commerce Committee cited "labor-related concerns" with the Federal Maritime Commission's pilot supply chain information portal project, but said supply chain innovation teams will continue work this summer, focusing primarily on U.S. exports.
Kempten, Germany-based global logistics provider Dachser said the acquisition allows it to expand and strengthen its logistics network throughout northwestern Europe.