The economics of the megaships of 18,000 20-foot-equivalent units that container lines are building and deploying may not be all they are cracked up to be. The savings that carriers are touting as the reason for ordering them may not be as great as advertised when all their costs are factored in.
Greek dock workers are due to stage a 24-hour strike on Thursday to protest the privatization of the ports of Piraeus and Thessaloniki.
European shipowners have appealed the European Parliament to change the European Commission's proposed EU port services regulation, notably by reincluding proposals to open up cargo-handling and passenger services to competition.
The cargo of the world’s largest retailer contributes to the slightly more than 200 twenty-foot-equivalent units hauled on the Kansas City Southern network weekly from the port of Lazaro Cardenas to its Houston area intermodal terminal
There’s a silver lining in every sky-high stack of containers — if you’re an expedited trucking company. For carriers that move goods quickly by any and all means possible, the container logjam that built up during the West Coast port labor dispute was simply a bonanza.
New Jersey Gov. Chris Christie refused to to sign legislation to withdraw his state from the Waterfront Commission of New York Harbor and transfer its New Jersey duties to the state police.
Eco Flow, a Southern California harbor trucking company backed by a venture capital firm in Los Angeles, on Monday announced with the Teamsters union the formation of a motor carrier with employee drivers.
Noting what could be the “new normal” at the ports of Los Angeles and Long Beach, the Marine Exchange of Southern California said Monday there were no container ships at anchor, and none are expected to stop at anchor on Tuesday, either.
German locomotive drivers began near week-long strike Monday afternoon that threatens to clog container yards at the country’s leading ports and cause massive disruption to industrial supply chains across Europe’s largest economy.
Greece is expected to launch the long delayed privatization of the port of Piraeus, a top 10 European container hub, this week as its leftist government reluctantly undertakes reforms demanded by its international creditors.