Iranian patrol vessels fired warning shots across the bow of the container ship Maersk Tigris when the vessel was traversing the Strait of Hormuz in Iranian territorial waters, a Pentagon spokesman said.
The WTO’s Trade Facilitation Agreement, when ratified, will simplify and harmonize the flow of trade information from shippers and other supply chain partners into agencies responsible for monitoring and regulating trade.
There used to be few alternatives to manufacturing in China, but this infographic details how rising production costs in the "Factory of the World" is allowing sourcing competitors to threaten that dominance.
A rush by container lines to add services threatens to create overcapacity and undermine rates on all-water services between Asia and the U.S. East Coast, Alphaliner reports.
Major ocean shipping companies are warning customers using Jawaharlal Nehru Port Trust — India’s biggest container handler — to expect service delays this weekend in response to a 12-hour power outage planned by local authorities May 1 for electrical upgrades in the harbor.
Danaos, the leading Greek container ship-owner, more than tripled its earnings in the first quarter and forecast further gains for the rest of the year.
TNT Express posted an operating loss and shrunken comparable revenues in the first quarter, warning that it faced tough times in the run up to its planned acquisition by larger U.S. rival FedEx in 2016.
The bull run enjoyed by Asian air cargo since the last quarter of 2014 could not last forever, and after a robust first two months of the year, sharply slowing demand in March brought the business back to Earth with a bump.
International Longshore and Warehouse Union Local 10 in the Bay area will use its monthly stop-work meeting on Friday to idle the ports of Oakland and San Francisco to protest recent police killings of African-Americans.
Spot rates in the China-U.S. East Coast lane are falling back down to historical levels, a sign that vessel diversions driven by West Coast congestion may be easing.
The Port of New York and New Jersey’s container volume in March set records for container lifts and 20-foot-equivalent units, aided by the lingering impact of labor disruptions on the U.S. West Coast.
The trial of Thomas Farmer, a former Crowley Liner Services executive accused of antitrust conspiracy, has entered its third week in U.S. District Court in San Juan, Puerto Rico.
General Mills will be the first tenant at a tri-modal logistics facility near Manchester, England, set to open next year. The inland port will offer rail, truck and short-sea shipping links.