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Month: December 2014

Report: U.S. has too much coal export capacity

The United States used only 34 percent of its total coal export capacity and does not need additional terminals, according to a new report that casts doubt on plans to develop new ports on the Columbia River. The Institute for...

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Merger and acquisition activity on the rise

Excerpts from Container Management: Mergers and takeovers are increasing in the container shipping arena, according to industry consultant, Drewry. Subject to regulatory and shareholder approval, US Jones Act carrier Horizon...

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Maersk to cancel North Asia to US route

Maersk Line will close down its Trans-Pacific 5 (TP5) US-flag service operated by its Maersk Line Ltd affiliate in January next year as part of a strategy to eliminate unprofitable Pacific services. The end of the current TP5...

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