China, Serbia and Hungary have signed a memorandum of understanding to build a new 230-mile rail link between Belgrade and Budapest with construction work expected to start by the middle of next year.
With the year coming to a close with no end in sight to the delays at West Coast ports, pressure is building for the federal government to intervene in stalled negotiations between longshoremen and employers that are blamed for at least of the congestion.
Signaling that resolution of congestion issues in Southern California is still a ways away, the ports of Los Angeles and Long Beach are taking the additional step of asking the federal government for permission to work together to resolve the worst congestion seen in years at the largest U.S. port complex.
After a year of surging sales of foodstuffs to Russia owing to economic sanctions imposed by the U.S. and European Union and retaliatory actions by Russia, Brazil is now possibly the largest supplier of food to Russia, according to the SovEcon consultancy.
The berthing delays that have seen ships back up at anchorage off the ports of Los Angeles and Long Beach for the past several weeks are now spreading up the coast to Oakland, in a spillover effect from the Southern California congestion.
The Port of Long Beach on Monday will open a temporary 30-acre site for empty containers in an attempt to free up chassis and ease congestion that has frustrated shippers for months.
Truck congestion caused by the deteriorating quality of road networks around the Nhava Sheva port complex, India's largest container gateway, is creating a nightmare for shippers already dealing with months-long rail delays and ocean carrier surcharges at India’s largest container gateway, also known as Jawaharlal Nehru Port Trust.
The banana industry in Davao Region of the Philippines is expected to fully recover during the first or second quarter of 2015, an industry leader this week.
U.S. shippers must prepare for further disruption and delays in ship arrivals at congested U.S. West Coast ports “well into 2015”, according to Drewry Shipping Consultants.
United Parcel Service has agreed to the acquisition of Polish pharmaceutical logistics firm Poltraf from Poland-based investment fund Ortie Capital Investment.
The Nigerian Shippers Council hopes its new regulatory powers will help bring Nigerian ports up to global standards by ensuring concessions are awarded fairly.
An inland port launched by the South Carolina Ports Authority roughly a year ago has exceeded its expectations, reflecting shippers’ interest in reducing trucking costs and securing capacity via intermodal rail.
The Port of Oakland will open a gate on Sunday and begin sending operational status updates to harbor truckers in order to reduce truck congestion.