A potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, ...

Traditionally it’s a slower month but this December the port will likely surpass 900,000 20-foot container equivalent units or TEUs, and it’s on track to handle 10 million this year for only ...

DP World, one of the world's biggest port operators, has passed 100 million 20-foot equivalent units (TEUs) of ...

Hapag-Lloyd, the German ocean freight giant, said it will employ two surcharges if a labor strike occurs on the East and Gulf ...

Russia's foreign ministry said that the "Ursa Major," built in 2009, sank after an explosion ripped through its engine room and that two of its 16 crew were missing.

A TEU is a measure of volume in units of 20-foot long containers. In other words, one 20-foot container is tantamount to a TEU. On average, large container ships can carry around 18,000 TEUs.

Traditionally it’s a slower month, but this December the port will likely surpass 900,000 20-foot container equivalent units, and it’s on track to handle 10 million this year for only the ...