The strong growth was largely due to an increase container trade between the port and Asia, which surged 19 percent year-over-year to 336,791 TEUs.
Scheduled to commence in March 2017, the new direct route between its hub at London Heathrow and New Orleans International Airport will be the first of its kind, the global airfreight carrier said in a statement.
Geneva-based Mediterranean Shipping Co. has confirmed it is looking to buy the now insolvent South Korean shipping company’s 54 percent stake in the Southern California container terminal.
Registration takes less than 1 minute.
Various media reports have speculated the sale of South Korean liner carrier Hanjin Shipping, viewing COSCO and Maersk Line as possible buyers.
Transportation planners and industry executives briefed House lawmakers last week on progress made so far with implementing freight provisions of the FAST Act.
U.S. Customs and Border Protection will begin taking registration Thursday for its annual Trade Symposium, which will focus on how trade impacts health, safety and economic prosperity.