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Several major logistics and transportation company stocks fell Monday in response to fears of potential trade fallout from a prolonged downturn in the Chinese economy.
The French ocean carrier has suspended its Liberty Bridge service between North Europe and the United States East Coast.
"In second half of 2015, international trade still won’t be cheerful," CSCL said in its most recent financial statements, pointing to the massive influx of new capacity in the ocean liner industry.
Tideworks Technology has developed a mobile version of its customer service web portal for the Massachusetts Port Authority called Forecast Mobile Lite.
Ocean carrier CMA CGM will team up with Bolloré African Logistics and China Harbour Engineering Company to build and operate a 1.4 million-TEU container terminal in Kribi.
The Norther California port warned, however, that vessel backlogs could reoccur if more longshore labor is not added.