China Merchants Holdings (International) is the second state-owned terminal operator to post positive first half results with total container throughput rising by 18 percent to 38.5 million TEUs, consolidating its position at the top of the mainland’s port operator table.
25 Apr 2014
Multiple carriers have scheduled general rate increases in various trade lanes in May, June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continues.
18 Apr 2014
Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
14 Apr 2014
U.S. containerized import volume jumped 15.1 percent year-over-year in March 2014, the largest increase in 13 months, according to advance figures from PIERS, the data division of JOC Group Inc.
13 Mar 2014
U.S. containerized import volume fell 7.2 percent year-over-year in February 2014, according to advance figures from PIERS, the data division of JOC Group Inc.
31 Dec 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in January and February.
19 Dec 2013
U.S. containerized import volume fell 9.2 percent month-to-month in November, according to advance figures from PIERS, a JOC sister company. Imports totaled 1.45 million 20-foot-equivalent units in November. Volume remained flat year-over-year, following seven consecutive months of increases.
11 Dec 2013
An 11 percent decline in revenue contributed to a large decline in profits at Evergreen Marine for the third quarter.
28 Oct 2013
Thomas Chen, the chairman of Evergreen Shipping Agency (America) Corp. (EGA) is being transferred to a new role in Taiwan. His successor is Jack Yen, who has been serving as EGA vice chairman.
28 Oct 2013
Evergreen Group has unveiled the 8,508-TEU Ever Linking, the second L-type vessel to be built by CSBC Corp. in Taiwan.
22 Oct 2013
The U.S. Government Accountability Office has published a report, “DHS Could Improve Cargo Security by Periodically Assessing Risks From Foreign Ports,” recommending...