Container volume at Jawaharlal Nehru Port Trust edged up roughly 1 percent year-over-year in January as India’s biggest, public container handler looks to speed up operations following the end of prolonged industrial unrest at the DP World facility in the harbor.
Singapore-listed Hutchison Port Holdings, which owns deep-sea container terminals in Hong Kong and mainland China, announced a 1 percent decline in throughput and flat revenue growth for 2015.
The Suez Canal posted a year-over-year drop in throughput of containers and container ships in 2015. The number of containers shipped through the canal fell 2.3 percent compared with 2014, to 41.2 million 20-foot-equivalent units, and the number of container ships that transited the Canal fell 3 percent to 5,941, according to figures from the Suez Canal Authority.
Global integrator DHL and JD.com, China's largest online direct sales company, have signed an agreement to cooperate on a range of cross-border supply chain initiatives driven by the mainland’s fast growing e-commerce market.
West Coast ports closed out a tumultuous 2015 with a decline of 3 percent in container volume in December, with container traffic also declining 3 percent for the year.
Outer Harbor Terminal in Oakland, the joint venture between Ports America and Terminal Investment Ltd. that operates one of the largest container terminals in the port, filed a Chapter 11 petition in the U.S. Bankruptcy Court in Delaware Monday.
CSX Transportation says it remains committed to its planned North Carolina intermodal terminal, even after local and state officials nixed the project’s original construction site outside Raleigh.
The Port of Wilmington has joined the league of U.S. East Coast ports pouring millions into their harbors to prepare for the larger ships soon to be able to pass through an expanded Panama Canal. But, unlike its regional rivals, the North Carolina port isn't targeting the largest of the new mega-ships.
The battle to recruit and keep truck drivers is heating up. As driver turnover at large truckload fleets spikes, more and more carriers are offering targeted pay increases.
The JOC Truckload Capacity Index contracted for the first time in eight quarters, reflecting efforts to better match capacity and demand by large carriers, many of which expect capacity to tighten in the second half of 2016.