Congestion that has slowed goods movement to a crawl at U.S. ports such as Los Angeles and Long Beach will continue to be an ongoing issue for years, until the nation invests in long-term maritime infrastructure, Chairman of the...
Read MoreExcerpts from American Shipper: Federal Maritime Commissioner Michael Khouri wants the FMC to request the four major alliances of ocean liner carriers to provide new information on the steps each is taking to reduce congestion...
Read MoreFrance’s CMA CGM SA is in talks to build at least three container megaships, joining the race among the top container operators that already use such vessels to increase their market share on the world’s busiest trade routes,...
Read MoreFrom the Journal of Commerce: Port leaders — including Port of Los Angeles Executive Director Gene Seroka, Port of Long Beach Chief Executive Jon Slangerup and Long Beach Board of Harbor Commissioners President Doug Drummond —...
Read MoreThe U.S. Commodity Futures Trading Commission issued an order filing and simultaneously settling charges against Marubeni America Corp., a dealer and merchant of agricultural commodities and the largest overseas subsidiary of...
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