Container traffic through Russia’s Baltic seaports plummeted 32 percent in the first half, showing that even Russian ports that serve as gateways to the country’s most important cities, like Moscow and St. Petersburg, will not be able to escape the wrath of the Russian recession.
Mitsui O.S.K. Lines is testing a container ship windshield that the Japanese carrier hopes will reduce wind resistance, save fuel, and reduce carbon dioxide emissions by an average of 2 percent.
The KM Meratus Banjar 2 sank in the Java Sea, claiming the lives of two sailors.
Maersk Line is upgrading its Middle East-South Africa-West Africa, or Mesawa, service by adding a direct call at Colombo, Sri Lanka, in an attempt to pick up additional cargo.
The world’s chemical industry could significantly increase its competitive advantage by treating logistics as a key differentiator as other global industries do, according to research commissioned by DHL.
Port Tampa Bay president and CEO Paul Anderson has been named chairman of Florida’s ports council, where all 15 of the state’s public seaports have been making a concerted effort of late to lure new business to the Sunshine State’s marine gateways.
Hyundai Merchant Marine has launched a new service connecting Asia and the west coast of Latin America.
Hong Kong to Los Angeles has long been known as one of the most dominant port pairings in the container trade, connecting the trade’s two largest national players, the United States and China, but what has been happening on the trade recently?
The steep drop in fuel prices year-over-year and over the summer is driving fuel surcharges down, reducing overall spot market truck rates and putting pressure on intermodal pricing, too. DAT saw spot truck rates drop by a penny last week, although line-haul rates were unchanged, thanks to lower surcharges.
Cargo thefts are on the rise in Brazil as the economy struggles and has officially entered a recession.