The carrier's fleet in the Panamax class (less than 5,000 TEUs), will be boosted by a mix of newly built long-term charter vessels and owned vessels.

The snarls are evidence of how U.S. measures are complicating Russia’s oil trade, while not stopping it.

Trump’s plan would pause tariffs on imports of ship-to-shore cranes and chassis from China, and fees levied on Chinese-built and -operated merchant ships calling at American ports.

In recent weeks, jihadists linked to Al-Qaeda have been targeting truckers, especially those carrying fuel into the country.

The industry is starting to suffer from lower freight rates as the disruption in the Red Sea, which effectively is taking out about 7-8% of the world’s fleet.

Emissions are stabilizing, despite traffic growth, as industry navigates regulatory crossroads, says emissions tracking firm VesselBot.

Freight booking and payment platform says forwarders can now manage both air and ocean in a single, connected system, saving time and syncing modes as trade patterns shift. 

A Congressional bill would streamline the process for former prisoners to get credentialed to work in booming transportation and energy industries in Louisiana, says local business champion.

With vessel capacity continuing to outpace demand and trade policy still up in the air, carriers are unlikely to see meaningful pricing power return anytime soon.

The 446-foot-long Neoliner Origin is capable of carrying 5,200 tons of goods, and cuts carbon emissions by 80% compared to similarly-sized vessels that run on traditional fuels.