At a time when east-west container shipping trades are being pummeled by what Drewry Maritime Research calls a toxic mix of overcapacity, weak demand and aggressive pricing, the trans-Atlantic is standing out as a lone, and surprising, stalwart.
04 Sep 2014
Due to lower trade volumes to and from emerging markets in Asia, ports around the world overall saw weak performance in the second quarter of 2014, according to the Shanghai International Shipping Institute.
Weekly wrap-up: ILWU ratifies deal with PNW grain handlers, reaches tentative agreement on health benefits with PMA
30 Aug 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
29 Aug 2014
Global schedule reliability has declined for the first time in six months, as carriers continue to deal with congestion in North Europe and the U.S. West Coast, according to a new report from SeaIntel Maritime Analysis.
16 Aug 2014
Diversions related to the ongoing negotiations on the U.S. West Coast between the International Longshore and Warehouse Union and the Pacific Maritime Association continue to have an impact elsewhere.
06 Aug 2014
The U.S. ocean container trade via European ports, including transshipments, increased 3.8 percent year-over-year to 4.6 million laden 20-foot-equivalent units in the 12 months ending March 2014, according to PIERS, the data division of JOC Group.