Horizon Lines’ exit from the U.S-mainland- Puerto Rico trade lanes later this year could give the ailing Jones Act lane some much-needed stability by allowing the three remaining major carriers to raise rates.
14 Oct 2014
Puerto Rico’s government is looking for a major global port operator to partner with to develop the Port of the Americas in Ponce.
28 Aug 2014
Jeffrey Boston has succeeded Chris Dombalis as chief executive officer at U.S. mainland-Puerto Rico carrier Trailer Bridge.
01 Aug 2014
Several container lines announced this week general rate increases for the month of September.
31 Jul 2014
Horizon Lines reported a 10.8 percent increase in its second-quarter container volume but said rates declined, largely because of growing competition on its Jones Act domestic trades.
26 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.
12 May 2014
Horizon Lines expects moderate container traffic growth between the U.S. mainland and Puerto Rico, Hawaii and Alaska this year but anticipates weaker container pricing than in 2013.
05 May 2014
Attorneys for Thomas Farmer claim the former Crowley Liner Services vice president’s antitrust conspiracy indictment is invalid because Puerto Rico is neither a state nor a nation.
07 Mar 2014
Sea Star Line LLC will pay $1.9 million and Horizon Lines LLC will pay $1.5 million to settle claims that government agencies were victimized by a carrier price-fixing scheme in the U.S. mainland-Puerto Rico trade from 2002 to 2008.