Talk of construction along the US-Mexican border is about more than building a wall.
More unrest is on the way to the quays of Brazilian ports as the union representing customs officers accelerates ongoing labor actions that have plagued shippers since summer.
Limited rollout at GCT Bayonne is first at US East Coast's largest port.
US shippers are moving more goods, thanks to holiday demand, but not necessarily paying more for transportation.
Terminal operators continue to drive up prices for their services at Russian ports despite the intense scrutiny of the country’s competition regulator.
Spot rates in the eastbound Pacific edged lower this week, but another modest spike in freight rates is anticipated later this month.
Efficiency gains as a result of direct port delivery services and other measures are helping Jawaharlal Nehru Port Trust slash on-terminal dwell times that have long been frustrating and costing shippers using India’s biggest container gateway.
The trustee-manager canceled a Nov. 9 vote on restructuring a bond because there were insufficient bondholders to form a quorum.
Container lines and shippers can fix what some consider to be a broken industry if they concentrate more on accelerating the flow of data and cargo and less on freight rates and cost-cutting measures.
Rising spot rates as 2016 winds down will not be enough to lift carrier margins back into profitability, but the upwards trend will be a welcome relief after a year to forget.