China Merchants (Holdings) International (CMHI) reported double-digit growth in throughput from January through November, continuing the strong increase in international trade that also drove up volumes at rival port operator Cosco Pacific.
FedEx was forced to turn away freight because of slowdowns at West Coast ports, a reminder of how port congestion is hurting the bottom lines of not just shippers but also the inland transportation providers they depend on.
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.
Brazil port and health authorities carried out a simulated ebola emergency at the port of Santos last week to help improve the response to the threat the disease poses at maritime ports of entry.
Relocation of manufacturing to the U.S. has increased in recent years but doesn’t appear to be growing faster than manufactured imports, management consulting firm A.T. Kearney says in a report on reshoring.
India’s Ministry of Railways said it will postpone previously announced container rail increases, providing a temporary respite for shippers struggling with port congestion and rising transportation costs.
Sixty-six percent of U.S. shippers surveyed by JOC.com say they plan to ship less cargo through the U.S. West Coast next year because of ongoing congestion and delays, suggesting that ports from Long Beach to Seattle could lose market share just as they did after a 10-day work stoppage in 2002.
U.S. ports and other major freight links in supply chains are poised to get less help from Uncle Sam next year after Congress reduced funding for a popular grant program by $100 million.
Belgium is cut off from the rest of the world today as a nationwide 24-hour strike against the government’s austerity p
Cargolux continued its robust performance in November, flying a record volume of freight and bucking the downward trend in the European air cargo market.
Trans-Pacific shipments between Hong Kong and fast recovering North American markets drove up Cathay Pacific cargo throughput in November, with the strong demand expected to last deep into the final month of the year.
The long running investigation into Asia forwarders fixing fees and surcharges on Japan-Singapore routes between 2002 and 2007 was finally brought to a close with the Competition Commission of Singapore (CCS) handing out $5.4 million in fines.
This week's International Longshore and Warehouse Union caucus in San Francisco may or may not be the end to seven months of contract negotiation that has engulfed the West Coast in disruption and uncertainty.