From the Journal of Commerce: A 3.5-magnitude earthquake Wednesday near the Port of Hueneme, California, caused no apparent damage, and cargo handling was proceeding normally, according to spokesperson Will Berg. The U.S....
Read MoreThe Israeli shipping company ZIM reported 7 million USD net profit in 2015, despite the losses in the fourth quarter amid falling freight rates to record low levels. The adjusted earnings before interest and taxes (EBIT)...
Read MoreThe world’s third largest port operator APM Terminals said it will invest 758 million euros ($858.3 million) in a new transhipment terminal in Tangier, Morocco, that will be the first automated terminal in Africa. The new...
Read MoreFrom the Press-Telegram: A judge’s ruling in favor of Long Beach and other litigants in a pivotal lawsuit challenging a $500 million rail-yard project at the Port of Los Angeles puts the project on an indefinite pause and may...
Read MoreFrom CBC News: Nobel Prize-winning economist Joseph Stiglitz says the Trans-Pacific Partnership may well be the worst trade agreement ever negotiated, and he recommends Canada insist on reworking it. “I think what Canada...
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