Zim Integrated Shipping Services said its parent Israel Corp. will provide a $450 million capital injection and a $100 million “safety net” to shore up the struggling Israeli carrier’s finances. … Zim lost $302 million in...
Read MoreWarren Buffett is calling his acquisition of the Burlington Northern Santa Fe railroad company a $34 billion wager on the economic future of the U.S. It’s his biggest investment ever. … Burlington Northern has...
Read MoreThis week Puget Sound area voters will elect several new port commissioners for both the Port of Tacoma and Port of Seattle. Those new officials will face daunting challenges, including declining port revenues, increased...
Read MoreTaiwan’s Evergreen Marine, the world’s fourth-largest container line, posted a net loss of T$2.58 billion ($80 million) in the third quarter, the firm said on Monday. The result was based on Reuters calculations...
Read MoreThe opening of the Port of Taipei’s container wharfs has greatly reduced traffic congestion and pollution caused by trucking shipping containers overland between northern Taiwan and Kaohsiung Harbor in the south. …...
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