The maritime information provider and creator of the famed Baltic Dry Index will work closely with shipbrokers and end-users to create new freight rate benchmarks and indices to be launched later this year, according to Baltic Exchange CEO Mark Jackson.
The Trump administration has nominated Richard Ashooh of New Hampshire as the assistant secretary of export administration in the Commerce Department’s Bureau of Industry and Security.
The Philadelphia Regional Port Authority has rebranded the Northeast U.S. port to PhilaPort in wake of increased investments and port expansions.
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The Canadian Class I railway’s profit for the quarter tumbled 20.2 percent year-over-year, despite modest increases in revenues and volumes.
The $14 million project to raise the height of four cranes at the Port of Oakland's Ocean International Container Terminal will allow the facility to work larger containerships.
The British International Freight Association named policy and compliance officer, while Hendry Marine Industries launched its new business development team.