The Shanghai Containerized Freight index fell 1.9 from last Friday to a reading of 971.64, but the index is still much higher from a year prior.
Online freight forwarder iContainers already had offices in Florida, India and Spain prior to the opening of its newest office in Rotterdam.
The Lowell, Ark.-based intermodal and trucking provider’s net earnings for 2016 inched up 1.1 percent from 2015 to $432.1 million.
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Starting next week, the terminal will be the first of six facilities within the Port of New York and New Jersey to roll out the port authority's new Truck Management System.
Officers were elected this week to head the Waterways Council and National Waterways Foundation.
H.R. 6455, the “Energizing American Maritime Act,” would require that up to 30 percent of exports of LNG and crude oil travel on U.S.-flagged vessels.