News

13.11.2019

China import plunge marks weakening trans-Pacific outlook

Imports from Asia in the first 10 months of 2019 increased just 0.2 percent amid the US-China trade war. Photo credit: Shutterstock.com. United States imports from […]
13.11.2019

YRCW takes reorganization to a new level

  YRC Worldwide expects to have about 64 fewer standalone terminals by the end of 2020. Photo Credit: YRC Worldwide. Ten years after a near-fatal brush […]
13.11.2019

Loss-making Yang Ming expects boost from expanded alliance

Yang Ming is cutting its losses, but still struggling to return a profitable result. Photo credit: Shutterstock.com. Yang Ming is anticipating solid benefits from the addition […]
13.11.2019

Hong Kong protests force Asia airlines to scrap industry event

The annual AAPA Assembly of Presidents event, to be held in Hong Kong next week hosted by Cathay Pacific, has been called off because of escalating […]
13.11.2019

Convoy snags historic $400 million investment

Upstart newer entrants in the brokerage industry have shaken up the space, but large and profitable incumbents note they have long invested in their own technological […]
13.11.2019

California trucker complaint seeks to overturn AB5

Since it was signed into law in September, AB5 has generated rumors and confusion throughout California, especially at the ports of Los Angeles, Long Beach (above), […]
13.11.2019

Boston wins $20 million DOT grant for terminal expansion

An upgrade to the Port of Boston’s Conley Container Terminal that will include the addition of two new berths will get $20 million in federal funds […]
13.11.2019

MPV/HL charter rates stuck in sideways mode

Multipurpose/heavy-lift ship BBC Zarate discharging cargo at the Port of New Orleans. Photo credit: Port of New Orleans. Time charter rates are up just a tick, […]
13.11.2019

Port of LA warns of sharp Q4 volume drop on tariffs

A panel (left to right: Gold, Seroka, Angela Hofmann, Rufus Yerxa) discuss how tariffs are hurting US ports, trucking, rail, shippers, and consumers. Photo credit: Ari […]
12.11.2019

German companies link up to tackle Japan’s offshore wind market

Stevedores secure wind components in the hold of a Coli vessel. Photo credit: Coli Shipping. Germany’s Coli Schiffahrt & Transport has strengthened its links to Japan’s […]