Trucking companies that regularly hauled containers for Hanjin Shipping may end up losing tens of thousands of dollars.
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The International Longshore and Warehouse Union and Pacific Maritime Association on Tuesday raised shippers’ hopes for a longer period of labor peace at US West Coast ports.
SeaLand announced Monday it has added the Port of Hueneme, California, to its weekly west coast Central America service.
Trans-Pacific spot rates remained stuck in a narrow range this week even though the trade was roiled by the Hanjin Shipping bankruptcy and vessels are approaching full utilization.
A stronger export season is taking shape in the westbound trans-Pacific.
Hanjin Shipping’s bankruptcy filing has once again exposed how fragile the new chassis regime is in the United States.
Growth in trans-Pacific volumes has been fairly static this year for non-vessel-operating common carriers, but consolidation, new alliances, and Hanjin’s collapse present new opportunities.
Beneficial cargo owners and truckers in Northern California support extended gate hours at Oakland's largest terminal.
Irrational exuberance could result in inflated expectations and overbuilding of transportation infrastructure to the US interior if the cargo volumes don’t materialize.
“Cost, consistency and capacity will determine the gateways through which Asian imports enter the US."
Spot freight rates in the eastbound Pacific may have found their comfort zone.
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