The S.C. Ports Authority banks on profit-making strategy to finance infrastructure at Charleston and elsewhere.
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North America now accounts for half of ZIM’s container-shipping business.
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The proposed alliance would become a dominant player in the three major east-west trades, beating out total capacity currently offered by the 2M Alliance on those trade lanes, according to an analysis from BlueWater Reporting.
APM Terminals will expand its presence in the Port of Tangier, opposite its long-established terminal in Algeciras, Spain, by building a second $863 million port complex that will have the ability to handle 5 million TEUs annually.
Canadian Pacific Railway has terminated efforts to acquire the number four U.S. railroad, including the withdrawal of a resolution asking NS shareholders to urge its board to engage in negotiations, according to a statement from the company.