The Northwest Seaport Alliance will release two new mobile applications, DrayQ and DrayLink, in early November as part of an effort to speed cargo flow through the ports of Seattle and Tacoma and along local freight corridors.
Under an agreement reached earlier this year, Ports America Chesapeake will assume operational responsibility for the Seagirt Container Transfer Facility at the Port of Baltimore on Oct. 31, the port terminal operator said in a statement.
Tailwind Capital has acquired the third-party automotive logistics provider from Corinthian Capital Group for an undisclosed sum, according to statements from the firm and BB&T Capital Markets, which served as financial advisor to MetroGistics.
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Energy analyst Monica Enfield said the A.P. Moller Maersk Group's oil business is at a crossroads in a market beset by unexpectedly low prices and for-sale assets.
Thousands of chassis in and around the ports of Los Angeles and Long Beach have containers mounted on them that are either owned or leased by the now insolvent ocean carrier Hanjin Shipping.
The second-phase of expansion at the Virginia International Gateway container terminal will soon commence now that the Virginia Port Authority has secured a long-term commitment to operate the facility.