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Port Milwaukee said it will receive more than US$1.4 million in Harbor Assistance Program funding from the Wisconsin Department of Transportation to support infrastructure improvements on Jones Island.
The grant will be used to fund roof repairs for Terminal 2, a 53,000-square-foot building that was built in 1966, and ventilation fans on Terminal 5. These buildings support maritime commerce and supply chain activity for private companies in Wisconsin and through the ...
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Ocean Network Express (ONE) reported a net loss of US$88 million for the third quarter of fiscal year 2025, reflecting weaker freight rates, vessel oversupply and softer demand on key trade lanes.
The Singapore-based container carrier said revenue for the October-December 2025 period totaled US$4.074 billion, ...
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A.P. Moller–Maersk has ordered eight large container vessels from China’s New Times Shipbuilding Co. Ltd., expanding its newbuilding pipeline as part of an ongoing fleet renewal program.
The ships will form a new series of 18,600-TEU vessels, with deliveries scheduled for 2029 and 2030. Measuring 366 ...
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The U.S. Federal Maritime Commission slapped Mediterranean Shipping Co. S.A. (MSC), the world’s largest container carrier, with civil penalties totaling US$22.67 million for multiple violations of the Shipping Act, the agency announced Jan. 28.
In a final order (Docket No. 23-08), the FMC said its Bureau ...
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Global container shipping in 2026 is facing worsening overcapacity and sharply reduced profitability, according to a new report from Drewry, the London-based maritime research and consultant.
Drewry’s latest analysis, Container Shipping Financial Health Check 2026, warns that weakening carrier finances and continued fleet expansion will reshape ...
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C.H. Robinson Worldwide Inc. closed out 2025 with another quarter of outperformance, gaining market share and expanding margins despite one of the weakest freight environments in more than a decade.
The Eden Prairie, Minnesota-based logistics provider said disciplined execution and its “Lean AI” operating model helped ...
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The global dry bulk shipping market is expected to remain broadly balanced in 2026 before weakening in 2027, according to new analysis from BIMCO, as fleet growth begins to outpace demand despite improving economic conditions.
BIMCO revised its 2026 dry bulk demand forecast higher by 0.5 ...
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The BBC Bremen, the eighth vessel in BBC Chartering's planned series of 15 LakerMax-type multipurpose ships, was christened Jan. 27 at the Port of Bremen.
Knut Voigt, head of BBC Chartering’s Bremen office, said the event highlighted the company’s long-standing ties to the city, where it ...
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The Port of Long Beach plans to double its annual container capacity to 20 million TEUs by 2050 after posting a record year in 2025, CEO Noel Hacegaba said at his first State of the Port address, Jan. 15.
The port moved 9.88 million twenty-foot-equivalent units, ...
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U.S. retail sales posted strong growth in December, bringing 2025 holiday spending in line with forecasts for record results, according to the CNBC/NRF Retail Monitor.
Holiday sales from Nov. 1 through Dec. 31 rose 4.1 percent from a year earlier, near the upper end of the ...
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