CMA CGM on Friday released extensive details of the Ocean Three east-west alliance that it will begin early in 2015 along with United Arab Shipping Co. and China Shipping Container Line.
West Coast newspaper editorials are jumping in on the side of federal mediators joining the stalled West Coast longshore talks, in a sign that public patience is wearing thin as losses mount for importers and exporters amid continuing delays at ports up and down the coast.
HONG KONG — The Austrlalian operations of DP World will face a tough start to the year after a series of bitter disputes in recent months with local trade unions over pay and working conditions at its four port facilities.
Truckload rates and intermodal pricing continued their year-over-year climb in November, spurred by stronger freight demand and port congestion.
The U.S. Federal Maritime Commission has rejected Maher Terminals’ claim that Port Authority of New York and New Jersey acted illegally in granting a more favorable lease to adjacent APM Terminals.
Holiday shoppers in Asia will have to deal with a little less Christmas cheer this year, as trans-Pacific shipments of Christmas trees from the U.S. Pacific Northwest are the latest casualty of West Coast port congestion.
DP World’s shareholders today backed the Dubai-based global terminal operator’s plan to delist its shares on the London stock exchange on the basis that they are too thinly traded there.
Strong growth in the Southeast Asia container trades will be a key focus for Maersk Line’s new Asia-Pacific chief executive Lars Mikael Jensen, who was appointed regional head in September.
Manila’s efforts to clear the backlog of containers congesting the port are being threatened by the Christmas and New Year holidays that the Philippine Ports Authority fears could bring the yard utilisation back to congestion levels.
A U.S. District Court in Oregon ruled that the International Longshore and Warehouse in 2012-13 engaged in unlawful work slowdowns and stoppages at Terminal 6 at the Port of Portland.
Terminal congestion and alleged job actions by the International Longshore and Warehouse Union pulled down Los Angeles-Long Beach container volume by 1 percent on a year-over-year basis in November, according to statistics released by the ports.
Container volume through the Port of Charleston last month rose 8 percent from November 2013 as the South Carolina Port Authority recorded across-the-board increases in cargo volume.
Negotiators for the International Longshore and Warehouse Union and the Pacific Maritime Association will resume direct negotiations on Thursday, even as they disagree over the current state of the contract talks.