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.
AAPA’s Latin American/Caribbean Management Conference to Explore Port Alliances, Development, Productivity
06 Jun 2014
Numerous container lines have planned general rate increases in various trade routes to take effect July 1, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
02 Jun 2014
U.S. containerized exports declined for the third straight month in April, albeit marginally, dropping 0.2 percent year over year.
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
27 May 2014
The global air cargo market saw demand grow 3.2 percent in April from a year earlier, but traffic was down from previous months due to a further slowdown in emerging markets, led by China, according to the International Air Transport Association.
23 May 2014
Several carriers have planned general rate increases in multiple trade routes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
20 May 2014
Zim is launching a new U.S. Gulf-Brazil direct service in cooperation with Mediterranean Shipping Co. as part of a streamlined inter-Americas operation.
16 May 2014
Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
15 May 2014
The world’s economic focus during the 1980s and 1990s was trained on the Asian Tigers of Hong Kong, Singapore, South Korea and Taiwan. Now Argentina’s top agricultural official says the focus is about to shift south.
14 May 2014
U.S. containerized exports edged down 0.5 percent year-over-year in March to 1,075,428 TEUs, the second consecutive month of decline
13 May 2014
U.S. containerized import volume climbed 7.8 percent year-over-year in April 2014.