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Lower bunker prices are a temporary windfall that won't last, according to predictions from Boston Consulting Group.
Bellwether manufacturing index shows slowing growth for the fifth straight month, though the reading over 50% marks is the 27th consecutive month of expansion in manufacturing.
Maersk Line CEO set course for profitability three years ago and has since led carrier to $4 billion profit in low-growth, excess-capacity era.
Bipartisan legislation was introduced Thursday on Capitol Hill to extend TPA to President Obama.
Tampa, Mobile and Houston joined forces to lure container lines.
The Shanghai Shipping Exchange shows spot rates to Europe at low of $399 per TEU.