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Despite the slew of rate restoration plans and general rate increases announced by lines for December and January, excess capacity will continue to undermine efforts to boost revenues into 2013, according to leading analysts.

Yusen Logistics will not appeal an antitrust ruling by the Tokyo High Court to the Supreme Court, the Japanese freight forwarder said Thursday.

Automotive logistics specialist Gefco is targeting the lucrative and fast-growing Asian wine logistics market.

CMA CGM is on the verge of a hard-fought agreement with its banks to restructure $4.6 billion of loans, ending months of uncertainty over the future of the world’s third-largest ocean carrier.

Japan’s exports to the U.S. rose for the 12th consecutive month in October on a year-over-year basis, increasing 3.1 percent to $11.2 billion, according to preliminary figures released by the Finance Ministry.

More maritime regulatory reform is needed in Asia to protect shippers from collusion by lines, the Asian Shippers’ Council says.

Emirates SkyCargo launched a new service to Phuket, Thailand, expanding the carrier’s weekly capacity to the country to more than 640 tons.

Cargo volume through Singapore Changi Airport nose-dived in October, extending a disappointing year for the world’s 11th-largest cargo airport by tonnage.

Hanjin Shipping recently announced a rate restoration surcharge plan for its Asia-Europe trade, effective Dec. 16.

Virginia Port Authority has temporarily reopened Portsmouth Marine Terminal for the first time in nearly two years to handle an overflow of automobiles that would normally be handled at Newport News Marine Terminal, a separate VPA-owned facility.

Ocean carrier Orient Overseas Container Line today announced a rate restoration surcharge for December and a peak season surcharge for January.

The Port of Oakland was shut down Tuesday when members of the International Longshore and Warehouse Union refused to cross pickets established at all of the marine terminals by striking members of the Service Employees International Union.

Maryland Gov. Martin O’Malley today reported that in the first nine months of 2012, the Port of Baltimore handled 7.21 million tons of general cargo at its public marine terminals, a 10 percent jump from 2011.

Global maritime company Diana Shipping today reported income in the third quarter was $12.3 million, slumping 53.4 percent compared with $26.4 million in the same quarter last year.

The American Association of State Highway and Transportation Officials’ board of directors recently voted to elect Michael Lewis, Rhode Island’s transportation director, as president for 2013.

Saint John Port Authority recently named Peter Gaulton, former vice president of the board of directors, as interim chairman, after Stephen Campbell resigned from the position to work in Ottawa.

Management’s top negotiator in Maine-to-Texas dockworker contract talks said International Longshoremen’s Association leaders have shown an “uncompromising posture” and “view bargaining as a one-way street.”

Russia-based port operator PJSC Novorossiysk Commercial Sea Port Group reported cargo turnover from January to October was 134.4 million tons, a 3.6 percent increase year-over-year.

Tonnage at Port of Houston Authority facilities in October was 6,000 tons, relatively steady compared with last year, showing a slight uptick of less than 0.5 percent, said Len Waterworth, PHA’s executive director, in his monthly financial report.

The Port of Oakland reported the total of loaded containers in October was 207,627 20-foot-equivalent units, rising 8.4 percent from September and 5.3 percent from October 2011.

Logistics, supply chain and freight forwarding company Yusen Logistics recently opened its largest solar power generation system at its warehouse facility in Port Murray, N.J.

French ocean carrier CMA CGM recently announced rate restoration and peak season surcharges.

A key Senate committee appears key to taking a bipartisan approach to legislation authorizing major port and inland waterways projects, but a new Water Resources Development Act still could be more than a year away.

The container and ro-ro carrier stopped calls to the Portuguese port on its Angola Shuttle service after weeks of social movements that complicated operations.

French ocean carrier CMA CGM booked net income of $371 million for the third quarter, driven by higher freight rates across all trades and higher-than-targeted cost savings.

The world’s container ship fleet has expanded slower than forecast in 2012, but the slowdown will not address the current oversupply of capacity, according to industry analyst Alphaliner.

Port maintenance workers in Oakland represented by the Service Employees International Union plan to strike Tuesday, protesting what they charge are unfair labor practices by the port authority during contract negotiations.