The agriculture shipper advocate praised container weighing methods recently outlined by the Ocean Carrier Equipment Management Association and G6 Alliance carriers, saying terminals nationwide should adopt similar methods.
South Africa’s state-owned ports and rail operator Transnet SOC Ltd. experienced an increase in earnings and revenues for the year ending March 31, 2016, as container and automotive volumes rose.
A.P. Moller-Maersk Group’s new CEO Soren Skou has his work cut out to move the company’s shares higher, according to Bloomberg Gadlfy columnist Chris Bryant.
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Industrial production in South Korea fell more than economists expected as weak exports and corporate restructuring of shipbuilders continue to hurt demand and business sentiment.
Making trade easier for companies in the United States is important, but the Trans-Pacific Partnership agreement is as much about the nation's strategic interests in Asia.
The global shipping industry will see earnings worsen, while freight rates will remain depressed amid ample supply, according to projections from the credit rating agency Moody's Investors Service.