Evergreen Marine reports a second quarter profit and says it will add 23,000 TEU ultra-large containerships to its fleet.
Hyundai Merchant Marine, South Korea’s largest container carrier, said it had a smaller loss in the second quarter this year than in the same period in 2018.
Yang Ming had an operating profit in the second quarter but notes U.S.-China trade conflict has weakened demand for container transportation.
A container fire aboard the APL LeHavre comes as many liner companies are cracking down on misdeclared cargo.
Matson, the largest U.S. domestic container carrier, said it is lowering its operating income projection for 2019, citing lower container volumes to Hawaii.
Seaspan says high demand for containerships has shielded it from the U.S.-China trade war.
Hapag-Lloyd says it outlook for the second half of 2019 is unchanged even if it has to deal with more trade restrictions.
Escalations in trade tensions between the U.S. and China could discourage containership owners from ordering new ships.
Drewry says it expects a brief spike in transpacific freight rates to the U.S. West Coast following President Trumps threat to impose a new round of tariffs on imports from China.
Ports are asking that Chinese-made container cranes be excluded from the list of products on which President Trump has threatened a 10 tariff.
The Energizing American Shipbuilding Act seeks to revive domestic shipbuilding and maritime industries.
PSA International Pte Ltd said it has completed the acquisition of Halterm Container Terminal in Halifax, Nova Scotia, from a fund managed by Macquarie Infrastructure and Real Assets.
GSC handles 12 percent of import containers in Oakland, but its leadership is concerned about plans to build a baseball stadium on port property,
Jens Bjørn Andersen, chief executive officer, said the company was “very pleased with the strong results for the second quarter of 2019. Global transport markets are soft – especially within air freight, but DSV has managed to outgrow the market while still delivering market leading profitability.”
Shippers Transport Express, an affiliate of the stevedoring firm SSA Marine, has obtained a long-term lease on land it uses as a dray-off yard in the Port of Oakland.
Shipowner organizations are expressing concern about proposed modification of tolls at the Panama Canal on Jan. 1 and are asking for it be postponed until June 2020.
OOCL reported its second quarter 2019 earnings while also announcing that it was canceling several Asia-Europe sailings for a three-month period.
MTC Logistics broke ground July 24 for a 12 million-cubic-foot temperature-controlled distribution center in the Port of Mobile.
Chris Connor, the new president and CEO of the American Association of Port Authorities, is enthusiastic about advocating for the varied needs of its members.
DP World (Dubai: DPW) said July 24 that it has reached agreement to create a $1.2 billion container port and industrial logistics port in East Java with the Indonesian conglomerate […]
The $320 million project will double the annual throughput of the Virginia International Gateway container terminal.
The San Francisco Conservation and Development Commission will use a new 199-page report to update its seaport plan.
While NWSA reported a record first half, June volumes were mixed — down for international containers but up for domestic traffic.
Critics of the proposed location for an Oakland Athletics baseball stadium point to a study that says the Howard Terminal site will be needed for cargo.
Tiny landlocked kingdom on the eastern edge of the Himalayas moves aggregate via the Brahmaputra River.
Hapag-Lloyd, Yang Ming, Ocean Network Express, COSCO and OOCL will begin service in October.
Plastic waste originated in the U.S. and Canada, says the Ministry of Environment.
Ship arrested after record cocaine bust is released after $10 million in cash and $40 million surety bond are posted.
After 38% growth in 2018, the company says it is optimistic about continued expansion.
German logistics company Dachser says Ireland-based Johnston will be fully integrated into its network by September.
The port is cautious about the outlook for trade as peak season for containerized cargo approaches.
Middle East-India-Africa Express (MIAX) is scheduled to start operations in October.
Transatlantic carrier will make Southampton its U.K. call instead of Liverpool.
The port handled a record 2.4 million TEUs of containerized cargo in the 12 months ending June 30, an 8.8% increase over the prior fiscal year.
The nation’s largest container port handled 764,777 TEUs in June and 9.7 million TEUs in the last fiscal year.
Chris Lytle will step down as executive director of the Port of Oakland on July 19, ending a 53-year career in trade and transportation.
The German shipping company’s fleet of reefer containers will exceed 100,000 units.
A $1,000 increase is announced for 40-foot containers moving from Asia to the U.S.
The service will offer connections to APL services to and from Asia.
Conversion to hybrid yard cranes will result in a 96% drop in emissions.
As more bulk and oversize cargo gets transported in containers, some shippers are abusing equipment, says the Institute of International Container Lessors.
Container carriers implement charges on ships sailing through the Gulf of Oman and Persian Gulf.
The California Retailers Association opposes a bill to have the State Lands Commission approve port automation.
Maersk and MSC add a second service between Asia and U.S. Gulf ports, and ZIM will take space on both.
Global container port throughput is forecast to grow 3% in 2019 instead of 3.9% because of tariffs and other headwinds.
The fourth-largest container terminal operator is expanding its fleet of vessels supporting the oil and gas industry.
CMA CGM and X-Press feeders have implemented surcharges, and other carriers are evaluating the situation.
Shippers now will have access to container carriers in all three major east-west space-sharing alliances through the digital shipping platform.
The Los Angeles Board of Harbor Commissioners will reconsider a coastal development permit it approved earlier this month for the APM Terminal at Pier 400.
The change will happen around the same time that HMM starts taking delivery of the first a dozen 23,000-TEU containerships.
Advantages include lower operating costs, increased throughput capacity, improved service reliability and reduced emissions.
The new terminal on the Strait of Gibralter has capacity to handle 5 million TEUs annually.
Digital truck broker initially operating in Los Angeles, Long Beach, New York/New Jersey and Savannah.
Harbor Performance Enhancement Center says it was told the International Longshore and Warehouse Union runs the port.
CEO Skou tells The Wall Street Journal he wants half of the company’s earnings to come from inland logistics.
Meanwhile, a state legislator wants the California Lands Commission to review port automation projects.
The fast-growing trucking company hopes to double revenue after adding an 18-acre dray-off yard for its Relay drayage program.
Employers met Tuesday and voted to accept the new pact negotiated with the International Longshore and Warehouse Union Canada.
Maersk Spot will offer shippers guaranteed equipment and space in exchange for a penalty if they don’t show up with promised cargo.
Unmanned electric truck will shuttle containers between DFDS logistics center and APM Terminal in Gothenburg, Sweden.
Drewry says while the U.S.-China trade war is bad news for the transpacific container trade, it could result in more transport of intermediate goods.
Evergreen, Hapag-Lloyd, Yang Ming and COSCO all are said to be weighing new ship orders.
The commission voted 3-2 Thursday to deny an ILWU appeal of a permit that allows APM Terminals to test automated terminal equipment at Pier 400.
The port agency for Seattle and Tacoma is encouraging terminals to use extended hours, “peel-off” piles and street turns to ease congestion.
An end to alliances also could result in fewer services calling only a limited number of ports.
Clothing retailer H&M, the first user of the product, wants to use its “size to be a force for good and enable scaling innovative solutions.”
All crew members have been reported safe and were rescued by a passing bulk carrier.
The industry is at “a new crossroads,” according to the co-author of a state of logistics report titled “Cresting the Hill.”
With expanded offerings, New York Shipping Exchange users now will be able to request binding contracts for multiple weeks at multiple ports.
With a strong start to the year, the port says it is poised to overtake the Port of Long Beach as the nation’s second-largest container port.
One places restrictions on large ships; another changes composition of pilot board for Houston ship channel.
Slow growth in intra-Asia volumes seen as a harbinger for long-distance container trades in peak season.
Exporters at the annual meeting of the Agriculture Transportation Coalition lament lack of visibility and carrier accountability and the disappearance of telephones.
A new report says additive manufacturing may negatively affect transportation industry’s revenues.
Maersk is building a cold storage facility for bananas as well as refrigerated and frozen products in St. Petersburg.
The fires set on the MSC Canberra off Haifa reportedly were not the work of a terrorist.
Higher cost of Chinese goods could result in lower transpacific volumes and need for more direct calls at ports near new suppliers.
The port’s 2019 volumes are up, but China accounts for 38% of its trade.
Both container and bulk terminals have a large number of projects planned.
Purchase of 179 million square feet of space from Singapore’s GLP is part of plan to meet e-commerce demand.
“Insurers have been warning for years that the increasing size of vessels is leading to a higher accumulation of risk,” says Allianz.
Funds will be used to increase rail capacity and reduce truck traffic in downtown Halifax.
The shipping line says the move is in line with a decision to quit other voluntary discussion agreements in 2017.
“Heightened political risks to vessel security, complying with 2020 emissions rules and the growing number of fires on board bring challenges.”
Hapag-Lloyd LIVE initially will equip all the company’s reefer containers with equipment to monitor temperature and other data.
After being detained for 19 months in Louisiana, the master of the Ridgeway Alexander Z is allowed to return to Russia.
Demand not expected to increase because of the impact of higher tariffs on trade.
Dockworkers return to work Thursday afternoon after all-night negotiations.
Judge says New York must concur with New Jersey’s desire to leave the bi-state law enforcement agency.
Attorney reports difficulties for U.S. firms as China moves from national to provincial registration of non-vessel operating common carriers.
Hong Kong-based Hutchison Ports, Canadian National Railway and the Port of Quebec say they will partner to build a $775 million deep-draft container terminal.
AVAIO and Sydney Harbour Investment Partners announce a partnership to develop and finance the Nova Scotia multipurpose terminal.
Maersk joins CMA CGM and MSC as an investor in the manufacturer of “smart container” technology.
French carrier raises cost-saving targets and reports a smaller net loss in the first quarter of 2019.
Analyst at Drewry believes the decision by CMA CGM and MSC to join the IBM-Maersk digital shipping platform is a significant event.
Union president calls the move “a reckless, irresponsible and needless decision that will undermine the economy.”
Two more carriers join the “blockchain-enabled” shipping platform developed by Maersk and IBM.