The Georgia Ports Authority intends to relocate breakbulk cargo from the Port of Savannah's Ocean Terminal to the Port of Brunswick's Colonel's Island Terminal as part of a larger effort to expand container operations at the Port of Savannah. GPA intends to realign the Savannah docks and relocate the breakbulk...
Container shipping rates are still falling, with no sign of a market bottom.
So much for the theory that container lines are a nefarious cartel with the ability to control freight pricing; spot rates are still falling more than a year after they peaked. "This cliff that rates have fallen from shows that there is more competition in the market than many people...
Navistar recalls over 31,000 trucks due to faulty fasteners.
Navistar Inc. recalled over 31,000 trucks and buses because improper heat treatment on hex flange lock nuts could cause the fasteners to break, resulting in unstable steering and increased crash risk. The truck manufacturer, owned by Germany's Traton Group, stated that it was unaware of any field failures, crashes, or...