A group of Asian container lines is injecting capacity into the Asia-Australia trade.
Spot rates remained flat this week ahead of a range of rate increases planned by the container lines.
Precariously low West Coast vacancy rates for warehouse and distribution space are sending a stark message to shippers: Expect to pay even more to carry your goods, or rework your containerized supply chains.
The court is hearing issues related to the bankruptcy filing by Hanjin Shipping, which left its more than 90 ships and 500,000 containers around the world in limbo.
The Western railway has lost some of its pricing power after domestic and international freight demand shrank in the third quarter.
Maersk Line has resumed calls to Iran after a five-year hiatus.
Even when volumes rise, lower revenue shows impact of reduced rates and fuel surcharges at publicly owned carriers.
SAL Heavy Lift has won a contract from the Dutch offshore construction company Van Oord.
A Hanjin ship just released from arrest outside the Panama Canal is one of two expected to stop at the Port of New York and New Jersey in the next week.
The Panama Canal Authority said increased rainfall has permitted an increase in maximum allowable drafts at the canal’s new locks.