Canadian shippers and the head of Canada’s largest port have argued monetizing the country’s 18 port authorities could increase port user fees, limit public oversight, and threaten investment in waterside infrastructure.
India’s container trade is expected to grow at a faster pace in the coming months.
US retailers are expecting US import volumes to hit record levels in the coming months.
Scrap paper of all types is the largest US containerized export.
The Top 5 Importers in 2016 combined to handled 2.2 million TEU while the Top 5 Exporters shipped 921,600 TEU.
Nine port pairs on services between Southeast Asia and the West Coast are experiencing faster transit times than before the new and enhanced alliances launched April 1.
Julian Thomas, CEO of Hamburg Sud in the East Coast of South America, said the first-quarter figures are “impressive indeed.”
The seven zones have a total combined size double that of China’s four existing FTZs.
Indices measuring the health of Japan’s import and export container trade improved in the first quarter.
HSH Nordbank booked a loss provision of 2 billion euros for loans to its struggling shipping clients.