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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Hyundai Merchant Marine said it expects to receive funding from a new South Korean government shipping entity, which will buy and charter back vessels to the shipping company.
Federal Maritime Commissioner Rebecca Dye said the reduction from four to three major container shipping alliances should decrease rates on the transpacific trade, but the decline could be offset by upward rate pressure due to expected mergers.
A fire broke out in the engine room of the Alliance St. Louis on early Monday morning in the Gulf of Mexico.