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Revenues from ocean carrier APL decreased as the company eliminated unprofitable capacity, according to NOL's most recent financial statements.
Actor and comedian Morgan was severely injured when a Walmart truck collided with his limousine last summer.
Daewoo Shipbuilding will build more mega-ships for the Danish ocean carrier, according to recent media reports.
Pasha Group acquired Horizon Line's Hawaii trade lane operations, while Matson took over the ocean carrier’s Alaska business.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.