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New sections and bypasses in the 72-kilometer stretch of the waterway will reduce waiting time and transit times, according to Suez Canal authorities.
The Korean ocean carrier saw net profits skyrocket year-over-year in the second quarter thanks to the depreciation of the South Korean Won against the U.S. dollar and the sale of Total Terminal International Algeciras' stocks.
The Panama Canal Authority (ACP) said "water filtration" issues were discovered during testing of the new Pacific locks.
International Container Terminal Services Inc., operator of the Manila International Container Terminal, said the Terminal Appointment Booking System is a "proactive alternative" to truck bans.
Federal grants supported engine retrofits for 10 locomotives and more are expected next year, according to Norfolk Southern.
The over 5,000 firearms and 490,000 rounds of ammunition found hidden in containers onboard the Haddad I may have been destined for ISIS forces.