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Rates from Shanghai to North America, Europe, and Mediterranean fell again this week.
The legislation is unlikely to advance to the full Senate for a vote because there is no consensus on how to fund the financial shortfall in the Highway Trust Fund.
A.P. Moller Maersk reported a record-setting $1.6 billion in profits for the first quarter, thanks in part to Maersk Line profits of $714 million.
International Longshoremen’s Association and employers represented by the United States Maritime Alliance will begin full wage scale meetings in mid‐September.
Total shipments and total revenues for third party logistics providers both fell in first quarter 2015 compared to fourth quarter 2014, according to a recent benchmarking report from the Transportation Intermediaries Association.
Daseke, Inc., an open-deck and specialty transportation company, announced it would merge with Charleston, S.C.-based Bulldog Hiway Express.