The proposed 750 percent rent increase for DP World’s Melbourne terminal is a “blatant money grab” by the state government, said Shipping Australia chief executive officer Rod Nairn.
DP World Australia Completes Next Phase of TOS Standardization & Centralization with Navis N4 Go-Live in Melbourne
06 Jan 2015
Irish steak is back on the U.S. menu as the U.S. begins to lift a 15-year ban on beef imports from the European Union. U.S. containerized beef imports are rising quickly, surpassing 40 percent in most of 2014.
06 Jan 2015
International rail operator Genesee & Wyoming is expanding its footprint in the central U.S. by acquiring three short line railroads for about $40 million.
27 Dec 2014
HONG KONG — The Austrlalian operations of DP World will face a tough start to the year after a series of bitter disputes in recent months with local trade unions over pay and working conditions at its four port facilities.
16 Dec 2014
A free trade agreement (FTA) between Japan and Australia will begin on Jan. 15, either eliminating or drastically cutting import tariffs on most products traded between the two Asia-Pacific nations, the Japanese government announced today.
12 Dec 2014
Carriers announced GRIs this week for several major trade lanes, all effective on Jan. 15. Spot rates on Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, has dropped 23.5 percent in the five weeks since Nov. 6.
11 Dec 2014
The $80 million acquisition of an Australian courier company by SingPost subsidiary Quantium Solutions (Australia) last week was all about securing last mile capability in a fast growing market, a critical component of the e-commerce operation.
11 Dec 2014
Terminal operator DP World said it will lock out dockworkers at Australia’s Port of Fremantle for 24 hours next week in the latest move in an increasingly bitter labor dispute.
02 Dec 2014
Ongoing congestion at the ports of Los Angeles and Long Beach continued to hurt the schedule of reliability of carriers calling the largest port complex in the Americas last month, according to SeaIntel Maritime Analysis’ latest Global Liner Performance Report.
26 Nov 2014
Matson Navigation Co. will raise its rates for its Guam Commonwealth of Northern Mariana Islands and Micronesia services by $225 for both westbound and eastbound containers, effective Jan. 25, 2015.
07 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.