HONG KONG — Mega-vessels deployed on the Asia-Europe trade are overlapping intra-Asia routes and compounding the influx o


U.S. consumer spending and new homebuilding are forecast to grow so steadily this year that imports from Far East Asia are likely to grow by a faster-than-expected 4.5 percent, year-over-year.

A Teamsters-supported organization that is attempting to organize owner-operator truck drivers in Southern California said Monday a number of drivers were picketing the yards at several trucking companies, as well as marine terminals in Los Angeles-Long Beach.

Danaos, the leading Greek container ship-owner, more than tripled its earnings in the first quarter and forecast further gains for the rest of the year.

TNT Express posted an operating loss and shrunken comparable revenues in the first quarter, warning that it faced tough times in the run up to its planned acquisition by larger U.S. rival FedEx in 2016.

The bull run enjoyed by Asian air cargo since the last quarter of 2014 could not last forever, and after a robust first two months of the year, sharply slowing demand in March brought the business back to Earth with a bump.

International Longshore and Warehouse Union Local 10 in the Bay area will use its monthly stop-work meeting on Friday to idle the ports of Oakland and San Francisco to protest recent police killings of African-Americans.

Spot rates in the China-U.S. East Coast lane are falling back down to historical levels, a sign that vessel diversions driven by West Coast congestion may be easing.

The Port of New York and New Jersey’s container volume in March set records for container lifts and 20-foot-equivalent units, aided by the lingering impact of labor disruptions on the U.S. West Coast.

The trial of Thomas Farmer, a former Crowley Liner Services executive accused of antitrust conspiracy, has entered its third week in U.S. District Court in San Juan, Puerto Rico.

General Mills will be the first tenant at a tri-modal logistics facility near Manchester, England, set to open next year. The inland port will offer rail, truck and short-sea shipping links.

GCT Bayonne truck gates
GCT Bayonne plans to introduce such a system this year, and other New York-New Jersey terminals are quietly preparing to follow. The Port of Virginia plans in June to begin testing an appointment system at Norfolk International Terminals and eventually expand it portwide. The NIT appointment system had a short-lived test last year.

Available warehousing and distribution space is getting harder to find and more expensive as demand outpaces construction, according to Jones Lang LaSalle.