CEO Skou reports “good progress” on business transformation, but says new tariffs could potentially reduce expected growth in global container volumes by 1%.
Shipping line orders additional “smart container” equipment from Traxens that allows shippers to monitor cargo.
The sixth draft reduction of the year now is scheduled for June 12 instead of Tuesday.
Cooperation with Maersk and MSC is expected to reduce costs and improve service.
The new division will offer solutions for temperature-controlled transportation of pharmaceutical products.
Shuttle trains now move ocean containers between the Oregon port’s Terminal 6 and Seattle and Tacoma following a series of labor disruptions and shutdowns.
The investment company Caisse de dépot et placement du Québec reportedly is a partner in the Canadian deal and also is taking a piece of DP World’s investments in Chile.
A container top loader reportedly exploded Wednesday morning at Fenix Marine Services’ Pier 300 container terminal.
William J. “Bill” Shea Jr. will receive the 2019 Connie Award and J. Christopher Lytle will be honored with the Lifetime Achievement Award in California in September.
Credit rating agency says while traffic may fall, revenues are not likely to be affected in the medium term.
APM Terminals Inland Services will be integrated into Maersk Logistics & Services.
COSCO has yet to join the organization that seeks to enable digital standardization.
Results were better than expected, and the company points to a forecast of improving supply-demand balance in container shipping.
While the port’s focus is on containerized cargo, it says handling aggregate could provide a steady, divergent revenue stream.
The Korean carrier has reduced its operating loss and prepared for IMO 2020 but is still concerned about a global economic slowdown, Brexit and the U.S.-China trade conflict.
Commissioners voted 7-0 in favor of continuing negotiations with the Oakland Athletics for the lease of Howard Terminal as the site for a new baseball stadium.
The company’s Eagle Express X service will offer carriage of container cargo from Asia to Honolulu on alternate weeks.
The British Columbia port handled just over 1 million TEUs in 2018, but planners say it has potential capacity of 6 million to 7 million TEUs.
Reducing greenhouse gases is a key agenda item as the Marine Environment Protection Committee meets this week in London.
Negotiations are continuing between employers and the union with the help of Canada’s Federal Mediation and Conciliation Service.