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The Port of Los Angeles will begin construction this summer on a two-year project to upgrade and expand berths and backlands at the Yusen Terminals LLC container terminal.
Saigon Port Company Limited, owned by Vietnam National Shipping Lines, sold 35.71 million shares in its initial public offering on the Ho Chi Minh City Stock Exchange.
Norfolk Southern has advised customers in the area to expect delays of 48 to 72 hours due to a heavy backlog of traffic and more rain expected in the next few days.
Ocean carriers Hapag-Lloyd and Maersk announced plans for rate increases on August 1.
A spokesperson for the Port of Oakland said it will hire 500 additional workers to address a shortage in time for peak season in the fall.
Port Lafito offers upgraded facilities and capacity compared to Port-au-Prince.