The U.S. Gulf Coast port handled 1.09 million TEUs during the first half of 2016, a 4 percent decline from the corresponding period in 2015.
ZS Fund has acquired Amerijet Holdings, an operator of cargo aircraft under the name Amerijet International, along with logistics services subsidiary ITN Worldwide for an undisclosed sum.
Until now, Freightos has focused on helping forwarders quote faster, but since January, the logistics technology provider has been beta testing its China-to-United States marketplace.
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An American Shipper poll of shippers and forwarders revealed that nearly 90 percent believe at least some cargo will be delayed by the verified gross mass rule that went into effect globally today.
Meanwhile, the Agriculture Transportation Coalition is asking the Federal Maritime Commission to step forward and discourage carriers and terminals from imposing fees for verified gross mass compliance in the United States.
The United States Senate also confirmed the reappointment of Federal Maritime Commissioners Rebecca F. Dye and Michael A. Khouri, whose terms will now last until 2020 and 2021, respectively.