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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Søren Skou, chief executive officer of the world's largest container carrier, predicts the industry will see upward price momentum in the second quarter this year ahead of the traditional peak shipping season in the third quarter.
SEKO Logistics appoints VP of network development, while Kuehne + Nagel's global air freight head steps down and Inchcape Shipping Services names VP of North American operations.
The French ocean carrier reported it will pay 1.3 Singapore dollars (U.S. $0.94) for the Neptune Orient Lines' shares it does not already own, control or has agreed to acquire.