Carriers on the trans-Pacific have unveiled a bold new pricing approach to the 2015-16 contract season that will establish minimum rate levels and improve the bunker fuel cost recovery mechanism.
Nearly 300 shippers, port authorities and transportation groups are urging the U.S. Congress to follow through with its plan to send more money collected via harbor maintenance taxes back to ports.
While congestion continues to plague ports in North America and northern Europe, a number of other incidents are popping up that are also likely to negatively impact the global schedule reliability of ocean carriers.
Chassis shortages, huge cargo discharges from big ships and a labor force that is stretched to the limit are contributing to a congestion problem that Los Angeles-Long Beach can’t seem to shake. But chassis are the main culprit, executives say.
Port Canaveral has been cleared by the Treasury Department to proceed with the 35-year lease of the Florida port’s planned container terminal to United Arab Emirates-based Gulftainer.
The East Coast's fastest-growing port could double its capacity in the next 10 years and plans to knock out all U.S. East Coast competition along the way.
Australian dockworkers are planning to walk off the job next week at DP World terminals in Melbourne and Sydney as part of a contract dispute, according to a report.
The blossoming economy in Morocco is presenting opportunities for port investment, and officials are hoping good news could spur up to $8 billion in new port infrastructure.
This week’s intermodal volume was a record high for U.S. railroads, breaking the previous record set the week before, according to the Association of American Railroads, again signaling that the peak season is revving up for intermodal shippers as the ocean peak subsides.
Volumes at Port of Miami continued to dwindle in July, newly released numbers show, but port officials are hoping that throughput volumes will be boosted in subsequent months by new customers and improved trade opportunities.
American Trucking Associations Chairman Philip L. Byrd Sr. said the ATA is "bound and determined" to roll back changes to federal rules on drivers' hours of service, and to win revisions in the Federal Motor Carrier Safety Administration's Complaince Safety, Accountability program .
Japan’s ClassNK plans to share findings of its investigation of last year’s sinking of the container ship MOL Comfort, which an official of rival classification society DNV GL criticized as having a “non-robust design.”
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.