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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The 19 ocean carrier members of the Ocean Carrier Equipment Management Association are collaborating with six major East and Gulf coast ports to establish a common streamlined “Terminal Weighing Approach."
Singapore-based global terminal operator PSA International and ocean carrier CMA CGM of France said they are ready to accept container weight data from shippers.
The price of an average container fell 15 percent during the first quarter of 2016, according to a recent report from London-based shipping consultant Drewry Maritime.