Operations at the port of Santos, Brazil, are expected to return to normal within the next couple of days as container terminals work through a backlog caused by the eight-day-long inferno at South America’s largest container gateway. The fire burnt out over the weekend.
The days of rapid container terminal growth in China are over and the port business has entered a more “normal” stage of its development, according to Qingdao Port Chairman Zheng Minghui.
The Owner-Operator Independent Drivers Association wants to join a Teamster-led lawsuit challenging the Obama administration's decision to allow Mexican carriers to apply for U.S. authority.
Truck volumes on the U.S. spot market shot up 34 percent in March from February, as the spring surge in freight arrived at ports, loading docks, warehouses and retail stores.
The charter market for midsize container ships below 4,000 20-foot-equivalent-unit capacity is nearly back in balance after seven years, according to a Hamburg ship broker.
India-Bangladesh cross-border trade received a major fillip with the introduction of a new coastal shipping service between the two neighboring nations.
Merchant ship operators have joined with seafarers’ unions urging European Union member states to take immediate action to curb the growing humanitarian crisis in the Mediterranean, which they say is putting crews and schedule reliability at risk.
Container shipping spot rates from China to the Mediterranean fell to the lowest level in roughly a year and a half, reflecting how surge of new capacity on the trade lane is offsetting strong demand.
Kawasaki Kisen Kaisha has sold six container ships for nearly $92 million as it prepares to receive 10 vessels each with a capacity of 14,000 20-foot equivalent units.
CMA CGM has launched what it claims is the first real-time container tracking mobile application for the French carrier’s customers.