DP World-operated Chennai Container Terminal said it has made significant progress in easing truck bottlenecks that have long plagued India’s second-largest public container gateway and busiest gateway on the east coast.
Allcargo Logistics, the parent of global non-vessel-operating common carrier ECU Line, plans to more than double annual revenue.
The world’s major ship owners are feeling the pressure as container ship charter rates plummet and charters are being renegotiated as the financial positions of shipping lines worsen, according to Drewry.
Maersk Line is poised to disclose its first-quarter results after a bruising three months.
At a time when many transport operators say prices are being beaten down, less-than-truckload freight haulers in the U.S. are winning rate increases in annual contract bids.
Marine highways, or container transport via inland and coastal waterways, have had a rough go in the United States, but the U.S. Maritime Administration says it has learned from missteps.
The fluid state of affairs involving ocean carrier alliances is making the intermodal exchange of containers at marine terminals more complex.
Hanjin Shipping and Hyundai Merchant Marine have confirmed they are in discussions with other container lines on forming alliances.
The diverging fortunes of two container terminals in Itajai, Brazil, open a window into how carrier consolidation and the merger of joint services can impact port terminals worldwide.
CEVA Logistics posted a positive performance in the first quarter despite tough market conditions.