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.
Registration takes less than 1 minute.
Outgoing Vice President Joseph Biden released a report Tuesday outlining the benefits of the 2009 American Recovery and Reinvestment Act on improving the nation’s transportation infrastructure.
The Memphis, Tenn.-based integrator posted a net income of $700 million on revenues of $14.9 billion for the second quarter of fiscal year 2017, which ended Nov. 31, year-over-year increases of 1.3 percent and 19.2 percent, respectively.
The ocean shipping industry set new records for demolition this year, sending 201 ships with an aggregate capacity of 699,000 TEUs to the scrapyard as of Dec. 20, according to the latest data from shipbroker Braemar ACM.