The 2013 financial reporting season for container lines ended for many carriers in a sea of red ink as high bunker prices and weak freight rates combined to drag down profits.
24 Mar 2014
CMA CGM, China Shipping Container Lines and United Arab Shipping Co. will launch a new jointly operated, fixed-day weekly service...
12 Mar 2014
Carriers’ schedule reliability from Shanghai to Oakland, Calif., showed the greatest variation in eastbound Asia-to-Southern California route performances...
10 Mar 2014
Despite productivity declines at Terminal 6 that have lingered for months, Hanjin Shipping Co. informed the Port of Portland today that it will continue to operate its weekly trans-Pacific service.
06 Mar 2014
International Longshore and Warehouse Union members walked off their jobs yesterday for the second day in a row after a verbal altercation with employees of ICTSI Oregon, the operator of Portland’s only container terminal.
18 Feb 2014
Evergreen Line has confirmed that it is in negotiations with the CKYH Alliance to form a new alliance...
11 Feb 2014
The Port of Portland Commission on Feb. 12 will be asked to approve an agenda item that would result in a payment of up to $4 million to keep Hanjin Shipping Co., Hapag-Lloyd and other carriers calling at the port in 2014.
29 Jan 2014
Member carriers in the Transpacific Stabilization Agreement plan to increase Asia-U.S. rates by $300 per FEU, effective March 15...
13 Jan 2014
Hanjin Shipping is pulling out of several money-losing trades to cut its ongoing losses.
31 Dec 2013
Seventeen of the Top 20 container carriers worldwide are expecting deliveries of new ships in the next 12 months, which could make 2014 a record-breaking year for capacity...
23 Dec 2013
Hanjin Shipping is planning to invite Evergreen Line to join the CKYH Alliance to improve that network’s competitive posture, South Korean news agency Yonhap reports.
17 Dec 2013
Longshoremen at the Port of Portland on Tuesday were performing work on a Hanjin Shipping Co. vessel that could influence whether the South Korean carrier continues to call in Portland in the coming year.