News

21.10.2019

European hub ports avoid global trade slowdown

Antwerp reported a 6.4 percent growth in container volume handled in January through September, despite the slowing European economies. Photo credit: Shutterstock.com. Europe’s two busiest container […]
21.10.2019

WeWork’s valuation collapse raises Flexport questions

With private equity and venture capitalists talking about a bubble popping in the logistics technology market, does that place Flexport in a precarious position? Photo credit: […]
19.10.2019

International union backs Montreal dockers in right to strike hearing

Dockworkers involved in contract negotiations at the Port of Montreal received support this week from an international union that attended a hearing on whether the ports […]
18.10.2019

Container ship port call times rising despite productivity gains

At the 63 busiest ports in the world, vessels with a capacity of 5,000 TEU or greater spent an average of 26 hours at port per […]
18.10.2019

Low ship utilization to test carriers’ fuel price discipline

Low utilization rates could force carriers to cut container freight rates 5 to 10 percent — or to give breaks on low-sulfur surcharges — in order […]
18.10.2019

NY-NJ port will be proactive in ensuring terminal flow: officials

The Port Authority of New York and New Jersey says its hands-on approach in helping APM Terminals resolve issues that led to congestion and high dwell […]
18.10.2019

Asia-US spot rate shows capacity tightening

A 4.2 percent increase in the West Coast spot rate and 1.7 percent hike in the East Coast rate does not appear to portend a late […]
18.10.2019

Asia-Europe capacity cuts slow falling container spot market

Freight rates have slowed their decline, but remain 20 percent lower than at the same point last year. Photo credit: Shiutterstock Mid-month rate increases on Asia-North […]
18.10.2019

Chittagong port eyes conveyor system to fight congestion

Chittagong port officials say carrying containers via an overhead conveyor system will enhance the port’s handling efficiency by 15 percent. Photo credit: Shutterstock.com. The Chittagong Port […]
17.10.2019

California ports suffer from higher costs, evolving supply chains: PMSA

PMSA President John McLaurin says the high costs and environmental rules at California ports have chased freight away, but acknowledges other factors such as the four-corner […]