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.
Japan's Imabari Shipbuilding Co., Ltd. says it has secured orders for 11 containerships with capacities of 20,000 twenty-foot-equivalent units, and is adding a large dry dock for their construction.
Financial impacts of port congestion on the U.S. West Coast are extending into odd corners of the American economy, including New Orleans’ annual carnival season that culminates Feb. 17 with Mardi Gras.
Blue Dart Express, India’s leading air express and logistics service provider, reported a 19 percent rise in net income to Rs. 27.13 crore (US $4.4 million) for its third quarter, which ended Dec. 31.
Japan's three major diversified ocean carriers -- Mitsui O.S.K., NYK Line and “K” Line” -- posted profits for t
GCT Global Container Terminals plans to spend several hundred million dollars in the next few years to increase its Vancouver terminals’ capacity and fluidity in anticipation of handling more U.S.-bound cargo and Canadian volume.
The largest U.S. truckload carrier could add 700 to 1,100 trucks this year, if higher rates, higher freight demand and higher pay keep drivers in truck cabs.
Norbert Dentressangle’s 2014 revenue grew 15.8 percent from the previous year to 4.7 billion euros ($4.2 billion) as the French logistics and transport group accelerated its international expansion with a major U.S. acquisition.
Third-party logistics provider KW International has opened operations at a new container yard in Savannah.
A key metric of U.S. intermodal rail service continues to show improvement even as volume builds, giving shippers a better shot of seeing the level of service they saw in 2012-2013 as soon as the spring.
Rick Larrabee, the Port Authority of New York and New Jersey’s top seaport executive for the last 15 years, said he plans to retire after his successor is selected.