‘Ongoing cargo boom’ drives Port of Long Beach’s record April
E-commerce spurs a year-over-year container volume hike of 43.6%.
E-commerce spurs a year-over-year container volume hike of 43.6%.
CTA and HTA launch persuasion campaign for relief, say their members got waivers from some carriers last spring
The second-shift change will provide time to clean handling equipment to help prevent the spread of the coronavirus.
“IT strength and capability” helping Orient Overseas (International) Limited service customers during coronavirus crisis.
Concerns about the port automation has sparked studies by the Port of Long Beach and other California agencies.
Shifting rules at marine terminals pose challenge to drayage.
Utility and telecom plays have been among biggest bets for Australian investment manager, but it’s also selectively added U.S. port assets.
Overseas Orient Container Line (OOCL) has sold its Long Beach Container Terminal for US$1.78 billion (HK$13.973 billion) in cash, it was announced today by OOCL’s owner, Overseas Orient International Ltd (OOIL; HKEX:0316). OOIL says that it expects to realize a gain of just under US$1.3 billion from the deal.
One of the biggest terminals on the west coast is showing better results after multi-year automation project as final auction nears.