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Wei Jiafu, former chief executive officer of COSCO, has been named CEO of a Pasadena, California-based company called Apollo Acquisition Corp.
Overall cargo shipments through the St. Lawrence Seaway declined this season, however U.S. grain shipments are thriving.
Federal Maritime Commissioner Doyle and shipper groups say they want more details on the Port of Oakland's plan to help relieve congestion by opening facilities on Saturdays and charging peak usage fees.
The Thunder Bay Port Authority announced the port's year-to-date grain shipments were 5 percent higher than its five-year monthly average thanks to strong harvests on the Canadian prairies throughout 2013 and 2014.
The over 5,000 firearms and 490,000 rounds of ammunition found hidden in containers onboard the Haddad I may have been destined for ISIS forces.
The Ocean3 Alliance of CMA CGM, UASC and CSCL will combine their FAL2 and FAL3 loops between Asia and Europe, decreasing its deployed capacity on the trade by approximately 21 percent, according to data from BlueWater Reporting.