The freight visibility software provider said it will be aggressively pursuing plans through 2017 to introduce support for additional modes of transportation.
Drewry's investment arm said the Taiwanese government will need to support Yang Ming, but Bronson Hsieh, chairman of the shipping company, said a merger is not an option.
Hunter Harrison, retiring president and CEO of the Calgary-based Class I railway, has apparently decided to cut his remaining time with the company short, and may be eyeing U.S. railroad CSX as his next move.
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The Honolulu-based ocean carrier said the two vessels will be the first of their kind to serve the Hawaii-Mainland trade lane, operating fully on liquefied natural gas from day one in service.
Port says a softer U.S. dollar and big agricultural harvests resulted in a 20 percent increase in container exports in October.
Shipment volumes in November 2016 slipped 3 percent from October and 0.5 percent compared with the same 2015 period following the first year-over-year increase in the previous 20 months, according to the latest Cass Freight Index Report.