The Japanese government has recently expressed concern to the U.S. government regarding the delays of U.S. forage exports because of U.S. West Coast port congestion, according to an agriculture shipper group.
A look back at the year’s host of general rate increases levied by shipping lines on their customers reveals the ineffectiveness of the practice, with no GRI sticking for longer than two weeks or achieving the sought after price hike.
The International Longshore and Warehouse Union and the Pacific Maritime Association returned today to direct contract negotiations but didn’t release any report from the meeting.
Concluding the final stage in its merger with Hapag-Lloyd, CSAV injected 259 million euros ($317 million) into the combined company and in doing so increased its shareholding to 34 percent in what is now the world’s fourth largest container line.
Contract negotiations continued Friday between the International Longshore and Warehouse Union and the Pacific Maritime Association. As has been the case since the negotiations began in May, neither side revealed any content from the talks.
Geoff Mussig, Executive
Top Lift Trailers’ Founder, CEO M.J. “Butch” Stokes discusses the history and implications of today’s driver shortage and inspiration for the top lift trailer.
CN Rail said on Friday that it’s optimistic it can reach an agreement with 4,800 workers after negotiations wit
Erik Hansen, Kansas City Southern’s Vice President, Sales & Marketing, Intermodal, on Mexico’s rising importance as an importer, natural benefits of the Port of Larazo Cardenas and its potential for growth, as well as investment in domestic U.S. intermodal.
The Port of Tacoma said container volume in November plunged 14.1 percent year-over-year because of International Longshore and Warehouse Union slowdowns.
Carriers announced general rate increases that span into February this week, as spot rates around the globe respond to mid-December rate hikes. Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, jumped a cumulative 35.8 percent this week.
Provisions to boost U.S.-flag ships’ required share of government-purchased food aid were deleted from the final version of a Coast Guard authorization bill that President Obama signed into law this week.