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Nearly a dozen global terminal operators formally expressed interest in bidding on the construction and long-term concession of the new Port of Corozal, according to a statement from the Panama Canal Authority.
Port Freeport's CEO will retire, while National Interstate appoints a new president.
Throughput results so far this year at the San Pedro Bay ports of Los Angeles and Long Beach appear to be diverging, possibly due to an ongoing restructuring of carrier service schedules.
Consumers continue to migrate to mobile devices to make purchases, with mobile devices accounting for 36 percent of Black Friday sales, according to Custora, a company that provides predictive analytics for e-commerce.
Net income at the Israeli ocean carrier improved vastly compared to loss of $63 million in the third quarter of 2014 despite a 12 percent year-over-year reduction in total revenues.
Rates from Shanghai to Northwest Europe and the Mediterranean skyrocketed, while rates to the United States inched up slightly from last week.