Months of severe congestion caused container shipping line on-time performance to plunge nearly across the board in 2014, according to Danish research firm SeaIntel Maritime Analysis.
Harbor truckers in Los Angeles-Long Beach are preparing to legally challenge the International Longshore and Warehouse Union and marine terminal operators as soon as union mechanics attempt to detain trucker-owned or leased chassis at the ports under a reported agreement the ILWU reached with employers last week in coastwide contract negotiations.
A Superior Court judge on Thursday ruled that seven drivers working for Pacer Cartage at the ports of Los Angeles and Long Beach are employees and are owed a total of more than $2 million in damages.
The development of Oman’s Sohar Port and Freezone and its links to the Arabian Peninsula and Gulf nations have placed the port city firmly on China’s radar as it works to build a “Maritime Silk Road” between Asia and Europe.
HONG KONG — An estimated 10 million square feet of warehousing space will be completed in the Shanghai area this year, wi
SingPost has acquired a 90 percent stake in New Zealand forwarder Famous Pacific Shipping as the regional e-commerce logistics specialist expands its Asia-Pacific footprint.
Only 60-70 percent of India’s port capacity was currently being utilized, and that issue should be addressed before the country embarked on ambitious new port projects, according to Visakhapatnam port chairman M.T. Krishna Babu.
With the global middle class set to grow by nearly 3 billion people by 2030, congestion threatens to choke trade and economic growth, economist Walter Kemmsies told the SMC3 2015 JumpStart conference last week.
The U.S. average spot rate for a dry van truck on DAT load boards dropped below $2 per mile last week for the fist time since May, as a slower post-holiday freight season began.
A dramatic drop in U.S. oil and fuel prices is proving a temporary salve for shippers pinched by rising transportation costs. The relief is only be temporary, analysts warn.
Higher rates, better utilization, more drivers and new holiday business meant more revenue and profit for Covenant Transportation in 2014.
The Pacific Maritime Association on Friday released detailed accounts of the dramatic drop in longshore productivity at West Coast ports that began in late October and continues to contribute to stifling port congestion.
Kansas City Southern Railway’s intermodal traffic increased 8 percent year-over-year in the fourth quarter of 2014, despite congestion from other U.S. railroads and cross-border diversions that cost it some volume.