Canadian Pacific Railway CEO E. Hunter Harrison yesterday struck back at critics of potential rail industry consolidation, saying U.S. regulators could approve a merger and service would improve as a result.
Canadian Pacific Railway’s domestic intermodal push keeps gaining steam, with volume jumping 19 percent year-over-year in the third quarter and demand sometimes even exceeding the railroad’s capacity.
Hamburg Süd said it has taken steps to combat significant delays in vessel arrivals and departures at the ports of Los Angeles and Long Beach as severe congestion at the largest port complex in the Americas has reached a new level of intensity.
Guangdong Province in south China is working in several ways to improve its port competitiveness, by encouraging collaboration among Pearl River Delta container terminals, easing customs rules and establishing more robust rail and waterborne connections into the interior, said Liu Xiaohua, Vice Director, Guangdong Provincial Transportation Department.
The CKYHE Alliance said today it would expand its coverage once again — this time opening up the scope of the alliance's trade loops to the United States.
In a reminder of the parking lot that the San Pedro Bay became during the 2002 lockout by the Pacific Maritime Association of ILWU workers, container ships are backed up once again off the ports of Los Angeles and Long Beach waiting for days for a berth as gridlock descends on the largest port complex in the Americas.
The largest group of carriers in the trans-Pacific trade lane today unveiled a revised low-sulfur surcharge meant to tackle the costs associated with switching to the fuel in emissions control areas in North America on Jan. 1.
UPS will raise freight rates for air and ground packages, domestic and international shipments and less-than-truckload freight by 4.9 percent on average Dec. 29, the company said Monday.
Panalpina’s ocean freight traffic increased by 9 percent in the third quarter, more than twice the market growth, but profit shrunk due to pressure on margins and adverse currency movements.
Air cargo terminals in the Asian hubs of Shanghai and Hong Kong have reported another strong month, with the annual throughput shaping up to be the best in years.
More than 100 national, state and local organizations have signed a letter urging a speedy agreement on a West Coast port labor contract “to allay growing concerns of thousands of businesses” that rely on the ports.
Officials celebrated the opening of Katoen Natie's new $50 million terminal extension with a ribbon cutting at
India will invest $85.21 million in the development and operation of cargo facilities at Iran’s Chabahar port, as New Delhi seeks to enhance its strategic interest in Central Asia.