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Railway Worker Strike Averted as Biden Intervenes to Move Stalled Negotiations Forward

A railway strike would have spelled trouble for importers bringing goods through U.S. ports.

Cargo Giant Maersk Posts $1.9B Loss for Year, Chairman Leaving

Maersk said its chairman, Michael Pram Rasmussen, would step down effective March 28.

Largest Megaship Passes Through Expanded Panama Canal

Successful passage of first ever 10,500-plus TEU container ship signals a new era of mega-ship transits.

Expanded Panama Canal Welcomes 500th Neopanamax Transit

Performing the 500th transit was the container vessel YM Unity.

Maritime Commission Approves Another Major Cargo Alliance

The scope of the agreement applies only to trade lanes between the U.S. and other nations.