The United States exported 794,537 net tons of steel in April, a 2.5 percent increase from March, but a year-over-year drop of nearly 6 percent.
The 9,742-TEU containership COSCO Shipping Panama began its historic passage through the expanded waterway, construction of which began back in 2007, Sunday morning.
The U.S. Department of Transportation is looking into how delays at ports and other loading and unloading facilities may be affecting driver compliance with hours-of-service rules designed to increase safety.
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Ship owners on Wednesday broke off rate negotiations with struggling South Korean shipping conglomerate Hyundai Merchant Marine without reaching an agreement, according to multiple reports from Korean media outlets.
Three of the four pre-qualified port terminal operators that will bid for control of the Corozal Container Terminal have ties to container shipping giants Maersk Line, Mediterranean Shipping Co. (MSC), and CMA CGM.
The plantiffs claimed the U.S. Coast Guard violated the Administrative Procedures Act in its rule-making procedure in developing the pilotage rates, which have jumped about 114 percent over the past 10 years.