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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The future size of feeder vessels will determine how much the legacy locks at the Panama Canal will be utilized by ocean carriers, compared to the new section for big ships.
Peak season capacity took a major hit in third quarter 2016 as carriers scrambled to replace services interrupted by Hanjin Shipping’s Aug. 31 bankruptcy announcement.
New U.S. Customs regulations will make it easier to catch companies trying to avoid anti-dumping and countervailing duties.