The Baltic Exchange Ltd. entered into exclusive talks with the Singapore Exchange Ltd., following an "attractive" proposal from the Asian bourse.
The inland river port handled 180,328 tons of waterborne cargo in April, a 23 percent year-over-year increase, the port said.
Strong language is often needed to advocate for a position, but now that progress is being made on container weight verification, people should choose their words more carefully.
Registration takes less than 1 minute.
Annual costs at container lines have increased a combined $500 million due to new sulfur emissions rules requiring vessels to use more expensive fuel, according to a report released last week by the Organisation for Economic Co-operation and Development.
Congress has long embraced free trade agreements like the Trans-Pacific Partnership, but the protectionist tone of the 2016 election campaign, specifically that of Republican front-runner Donald Trump and Democrat Sen. Bernie Sanders, could change that.
The South Florida port became the latest seaport to offer shippers the option of using scales at inbound gates to measure container weights on their behalf and relay the information to ocean carriers.