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The German ocean carrier attributed the nearly 44% jump in revenues primarily to its acquisition of Chilean carrier CSAV.
A.P. Moller Maersk reported a record-setting $1.6 billion in profits for the first quarter, thanks in part to Maersk Line profits of $714 million.
Korean company returned to profitability thanks to a boost from its ocean carrier division.
The Hamburg port terminal operator has ordered three new gantry cranes for its Burchardkai terminal that will allow it to handle containerships with capacity for over 20,000 TEUs.
Operations returned to normal on Monday after a disagreement with an International Longshore and Warehouse Union marine clerk local over dispatching procedures closed the port during second shift Sunday, according to the Pacific Maritime Association.
CBP official says enforcement of quotas and duties in the textile industry will become a two-way street.