The freight visibility software provider said it will be aggressively pursuing plans through 2017 to introduce support for additional modes of transportation.
Drewry's investment arm said the Taiwanese government will need to support Yang Ming, but Bronson Hsieh, chairman of the shipping company, said a merger is not an option.
Hunter Harrison, retiring president and CEO of the Calgary-based Class I railway, has apparently decided to cut his remaining time with the company short, and may be eyeing U.S. railroad CSX as his next move.
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A coalition of 25 business groups has asked the Federal Maritime Commission to address fees imposed when shippers can't pick-up and return cargo, containers and chassis for reasons beyond their control.
Danish ocean carrier Maersk Line said the acquisition of Hamburg Süd would boost its share of the world container fleet from 15.7 percent to 18.6 percent, and increase its capacity from 3.14 million TEUs to 3.76 million TEUs.
PierPass said it will review the possibility of applying a lower flat fee for both day and night moves, with appointment systems to help regulate traffic, or a port-wide “peel-off” program for containers.