The air freight business has just completed its best peak season in years, but the International Air Cargo Association (IATA) has presented a sobering picture of an industry enjoying a cyclical upturn while struggling to overcome structural problems.
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.
Wilhelmshaven hailed its success in landing a third 2M service as a sign of ocean carriers’ growing interest in Germany’s only deep water port that is virtually empty more than two years after opening.
A China Shipping Container Lines (CSCL) executive has shrugged off demand forecasts predicting 3 to 5 percent market growth in the next few years that will not be enough to fill the capacity flooding into service.
The first phase of an upgrade to Papua New Guinea’s Lae Port has been completed, paving the way for a boost in cargo throughput at the country’s most important gateway.
Singapore-listed Yoma Strategic Holdings will receive a $100 million loan from the Asian Development Bank (ADB) to build up Myanmar’s transport and logistics infrastructure urgently needed to create sustainable economic growth.
Though many retailers initially began the holiday season with early shipping deadlines, shops clamoring for last-minute customers are testing fate with extended deadlines once again.
As labor negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union heated up this week, JOC readers clamored for information on the topic.
Two former high-ranking International Longshoremen’s Association officials and a Genovese mobster pleaded guilty to a racketeering conspiracy that included a three-decade scheme to extort dockworkers for “Christmas tribute” payoffs.
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.