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The Federal Aviation Administration has proposed civil penalties ranging from $54,000 to $63,000 against four companies for allegedly violating the country’s hazardous materials transport regulations.
The Danish conglomerate has been affected by fallen oil prices and low Asia-Europe freight rates.
The Panama Canal Authority (ACP) said "water filtration" issues were discovered during testing of the new Pacific locks.
Shandong Huahai Shipbuilding, a small shipbuilding company based in Rizhao, Shandong, went into court receivership and will now be liquidated after an application from its primary creditor was accepted by the Rizhao Intermediate People's Court.
The new Terminal Information Portal System (TIPS) will provide information on container availability, export booking status and more.
The FedEx unit of the Air Line Pilots Association has approved a new tentative contract agreement, which must now be voted upon by the express carrier’s 4,000 eligible pilots.