Hutchison said it continues to be impacted by ongoing structural consolidation within the container shipping industry and a consequent rationalization of services.
Clean-air update would result in estimated $7 billion to $14 billion in extra costs in Los Angeles-Long Beach while expanding even further the ports' leading emissions reductions among US ports.
The congestion appears to be worsening.
APM Terminal (APMT) in the Port of New York and New Jersey says it will have mostly recovered from the cyber attack on Maersk by the end of the week.
Total throughput increased 2.8 percent to 111.4 million metric tons.
Several changes seemingly had a positive impact on Chennai’s productivity levels in the last month.
A 13,200 TEU vessel that is the largest ever to enter the Port of New York and the US East Coast passed under the newly-elevated Bayonne Bridge Monday afternoon.
Terminal consolidation on the US West Coast is set to be much slower than carrier consolidation.
The deep-water Liverpool2 facility is capable of accommodating the world’s largest container vessels and connects road, rail, and canal networks linking directly to the heart of the UK mainland.
The shuttering of many plants for three weeks and more, opposed to the traditional break of one or two weeks, bodes poorly for the country’s third-largest export and its second-largest import.