If harbor trucking companies and marine terminal operators hope to survive in the cutthroat port environment, their numbers must be reduced. The industry needs fewer, larger, better-capitalized companies, according to a Southern California trucking executive.
Rising charter costs and bunker prices might slow container lines' rate push. It has been a sobering fortnight for the liner shipping sector, with most of the freight increases from the May 1 general rate increases on several trade lanes disappearing fast
John DiBernardo, vice president of SSA Marine, is a dedicated terminal operator, but he cuts no slack for any operator that is struggling to handle today’s mega-ships.
Krishnapatnam Port Container Terminal, an emerging alternative gateway on India’s southeastern coast, last week celebrated the first vessel call of the Chennai-Colombo-Gulf (CCG) service, a weekly intra-regional loop operated jointly by Simatech Shipping and Evergreen Line
Merchandise trade between Japan and the United States is expanding at a breakneck pace, as Japan’s exports and imports both charged ahead by more than 20 percent for the second straight month in April on a year-on-year basis.
Container shipping lines are enjoying strong westbound traffic growth to South Asia and the Middle East, giving carriers a ray of hope at a time when the shared trunk services from Asia to Europe are struggling, Drewry reported.
The West Coast contract agreement that was ratified Friday by the membership of the International Longshore and Warehouse Union, while applauded by cargo interests, carriers, ports and truckers, and rightfully so, will have a limited impact on West Coast port productivity and labor relations.
The membership of the International Longshore and Warehouse Union Friday voted overwhelmingly to approve a new contract that should ensure labor peace at West Coast ports for at least the next four years.
High-tech companies around the world expect exports to grow over the next two years, but air cargo freight and passenger jets are set to gain not container lines.
Shipping businesses in China are finally emulating their Western peers by embracing the opportunities and challenges brought by the internet, cloud computing, and big data.
Mexican exports this year are set rise 5 percent on increased demand for automobile shipments and other manufactured goods built in Latin America’s second-largest economy.
A bill introduced in the U.S. Senate would set national standards for shippers and third parties contracting or hiring trucking companies, complementing legislation in the House. Shippers and brokers want clarity, especially in courtrooms where they face negligent hiring claims.