The Panama Canal Authority said it is confident in the process it uses to move ships through the new locks at the canal, following an accident last week that damaged the Xin Fei Zhou after it made contact with one of the walls at the Agua Clara Locks.
Ocean carrier MSC has started investing in TRAXENS, a French start-up that produces technology for ocean container tracking.
Although activity increased from the first quarter, total deal volume and value in the transportation and logistics sector was still down 18 percent and 22 percent year-over-year, respectively, according to a new report from PricewaterhouseCoopers.
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The U.S. Department of Transportation has granted FedEx’s uncontested application to the rights to operate a five-times-weekly freighter service between Miami, Fla. and the city of Matanzas in Cuba.
U.S. Customs and Border Protection has created a dedicated team to monitor violations of coastwise shipping rules as supporters tout the Jones Act's homeland security benefits.
PierPass, which was created by marine terminal operators in Los Angeles and Long Beach to address multi-terminal issues, noted Q2 truck turn times at both ports were faster than any other quarter during the past two years.