Port drivers and their employers in the ports of Los Angeles and Long Beach on Saturday agreed to a “cooling off” period brokered by L.A. Mayor Eric Garcetti.
While containers are moving through the ports of Los Angeles and Long Beach, concern remains that drayage truckers’ pickets could disrupt contract negotiations between the ILWU and PMA.
China Shippers’ Association Vice President Cai Jia-Xiang said Chinese regulators need better statistics on the Chinese market share of the carriers, but believes they are above the 30-percent limit in the China-Europe trade.
“During this short-term bump in volumes, CN and its terminal partners will be striving to ensure that our base-level business, in particular Canadian cargo, will continue to be supported appropriately,” a spokesman said.
According to a service updated posted on the carrier’s website, the change in ports is being made to accommodate a terminal renovation at the Port of Seattle.
In May, freight activity at airports worldwide grew 4.2 percent, year-over-year, and rose by 3.9 percent in the first five months of the year, according to Airports Council International. The most growth occurred at airports in Europe, which saw activity rise 6.6 percent, year-over-year, and the Asia-Pacific region, which experienced a 5.6-percent increase. […]
Strong traffic growth in the rail industry has only slightly been boosted by shippers sending goods early to avert a possible strike in the West Coast ports, according to a second-quarter shipper survey by Cowen and Company.
Only a few weeks after the termination of the P3 Network due to antitrust concerns, two of the former three P3 members have moved on to “plan B,” as Maersk Line and Mediterranean Shipping Co. announced July 10 that they plan to enter a 10-year vessel-sharing agreement (VSA), dubbed 2M, on the Asia-Europe, transatlantic […]
Boeing has increased its plane demand forecast by 4.2 percent from its 2013 forecast, saying there is a need for 36,770 planes in the next two decades. In total, the planes will cost an estimated $5.2 trillion. “This market is strong and resilient,” Randy Tinseth, Boeing’s vice president of marketing, said in […]
The attention of carriers and shippers is focused Friday morning on events in Los Angeles and Long Beach, where a potentially volatile labor situation is unfolding.
The cyber security firm TrapX on Thursday said it had discovered a form of malware implanted by an unidentified Chinese manufacturers in terminal scanners designed to track inventory levels.
“Long truck lines are expected at the ports … as drivers and their allies picket Green Fleet Systems, Total Transportation Services, Inc., and Pacific 9 Transportation trucks,” Justice for Port Truck Drivers said.
The companies are seeking a contract with terms similar to those the ILWU signed with the new Export Grain Terminal that opened in Longview, Wash., in 2012.
United Airlines’ cargo activity climbed 7.2 percent, year-over-year, in June, finishing the month at 202.264 million cargo revenue ton miles. The carrier’s strong June puts it in second place among the top three domestic passenger carriers. Delta reported flying 207.637 million cargo ton miles in June, and American finished with 193.419 million miles. […]
The United States exported 1.04 million net tons of steel in May, 4.1 percent below April exports and 10.9 percent less than the May 2013 level, according to the American Institute for International Steel. U.S. steel exports had increased 3.8 percent in April and 15 percent in March. However, volumes to the United […]
U.S.-flag Great Lakes carriers are grateful for the increased water levels in the lakes, however it has not yet resulted in full loads of iron ore, coal, limestone, cement and other cargoes.
The vessel-sharing agreement, called 2M, replaces all existing VSAs and slot purchase agreements that the two liner carriers had with each other in these trades. Maersk explained the 2M VSA differs from the earlier proposed P3 Alliance.
Chassis Finder has released apps for iPhone and Android systems, which will allow customers to book and track chassis via their phone. According to the company, customers can reserve chassis on chassisfinder.com in less than a minute. “Our long-term vision is to use innovative technology to make the process of getting […]
Maersk supports the lower emissions limits, noting they will have “significant positive effects on the environmental and health,” but also called for “strict regulatory enforcement to … ensure a level playing field for ship operators.”
Fred Hochberg, chairman and president of the beleaguered U.S. Export-Import Bank, is touring China this week to encourage the purchase of “made-in-America” goods and services by Chinese businesses. The bank is currently financing more than $1.8 billion in U.S. exports to China — an amount that’s nearly doubled since 2009. ”As the […]
