HMM had an increase in revenue and smaller loss in third quarter when compared to the same 2018 period.

Danny Wan, just named executive director of the Port of Oakland says the agency needs to plan ahead for the possibility that the economy may slow.

Yang Ming Marine Transport Corp. (TWSE:2609) said it had lower revenue and a larger loss in the third quarter of 2019 than in the same period last year. But the Taiwanese company said it is optimizing operating costs with new container ships and redelivery of chartered vessels. It has redelivered 13 of its high-cost chartered […]

Hapag-Lloyd says addition of a sixth ship to one of its U.S.-flag transatlantic services will improve reliability.

The Cato Institute has published a report that contends the Jones Act hurts, instead of benefiting, the U.S. Merchant Marine.

Evergreen Marine said third quarter operating income was 11 percent higher than in the same 2018 period, but profit from continuing operations plunged.

The Port of Long Beach and Port of Oakland said exports were up, but imports down when compared to October 2018.

International Longshore and Warehouse Union (ILWU) will seek to overturn a jury verdict that says it owes $93.6 million to the former operator of the Port of Portlands container terminal.

In 2020, Matson expects to reap approximately $30 million in financial benefits from new vessels and other infrastructure investments.

Seaspan Corp. says there are attractive opportunities to increase the size of its fleet.

Global Ship Lease says it focuses on trade lanes responsible for 70% of global container trade and not the big East-West trades.

A federal jury has awarded $93.6 million to ICTSI Oregon, the former operator of the Port of Portland’s Terminal 6, after finding dockworkers engaged in illegal work practices such as work slowdowns and stoppages.

Danaos expects in 2020 container trade demand growth will outpace supply growth for the first time in almost 10 years.

truckers hauling construction materials and agricultural products, flyers promoting the protests also have been posted around the ports

Container leasing company Textainer said a traditional peak season did not materialize in 2019.

“K” Line has warned the global economic slowdown could lead to a deterioration in transportation demand.

NYK Line, Japan’s largest shipping company had operating profit of $146.7 million, compared with a loss in the same period last year.

COSCO Shipping Holdings said its third quarter profit more than doubled.

CAI International Inc. (NYSE: CAI), a leading container-leasing and logistics company, said it had modest year-over-year growth in revenue from continuing operations in the third quarter but that it had a net loss because of its decision to seek a buyer for its railcar fleet. The company reported total revenue of $107.6 million in the […]

If container carriers refrain from adding too much capacity, transpacific freight rates may rise in coming months, says Drewry Shipping Consultants.