IAG Cargo posted revenues of 1.02 billion euros for 2016, a 6.6 percent drop from 2015.
The Georgia Ports Authority handled 3 million tons of cargo in January, with bulk cargo at the Port of Brunswick more than doubling January 2016 figures.
The Agriculture Transportation Coalition, National Industrial Transportation League and National Retail Federation expressed concerns over a threatened work stoppage at East and Gulf Coast ports by members of the International Longshoremen's Association.
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The Dubai-based operator will own 55 percent of a new vehicle targeting port and terminal investment opportunities outside of the United Arab Emirates, while Canadian pension fund Caisse de dépôt et placement du Québec will hold the other 45 percent.
The Danish shipping line issued a report Tuesday, with support from market analyst DataLiner, that projects Brazilian trade will grow 1 percent in 2017.
The United States Maritime Alliance, the employer group that negotiates the master contract with the International Longshoremen's Association, called the ILA’s planned work stoppage threat “disturbing.”