NYK Line hopes its diverse array of business lines will help the company overcome the plunge in rates caused by overcapacity hitting the industry and has no plans to back away from its mega-ship orders.
05 Dec 2014
This week’s top 10 stories on JOC.com makes one thing abundantly clear: All eyes are on the U.S. West Coast labor negotiation. The top three stories all centered around negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union. Several other stories stayed on the familiar topic of West Coast port congestion and the shakeups it has caused in supply chains. Several other business news items also crept into the list.
28 Nov 2014
There will be no speedy solution to the congestion that is creating bottlenecks at ports around the world as terminals battle to cope with growing trade and surges in container volume.