Revenues were down, costs were flat, profits were down. It was largely an unhappy first half financial year for Singapore Shipping.
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 […]
WISTA International members take on IMO 2020, alternative fuels and pollution-reduction enforcement at annual meeting.
Hapag-Lloyd says addition of a sixth ship to one of its U.S.-flag transatlantic services will improve reliability.
Maersk, MSC, Hapag-Lloyd and COSCO will be the main market share “losers”, says Alphaliner.
Although air freight prices have been edging upwards, sources suggest the 2019 peak season might be short-lived.
Brexit-driven scramble for supply chain properties continues as Tristan plans $165 million investment in Dutch logistics platform.
Advent Intermodal is seeking to increase transparency along the Panama “land bridge” between the coasts.
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.
Capacity cuts by lines and higher bunker surcharges as IMO 2020 low sulfur fuels are phased in are fueling box freight rate inflation.
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.
A Miami-based customs broker specializing in perishable imports will benefit from access to agency officers for after-hours inspections through the Reimbursable Services Program.
China-to-California box rates are up 16% from October lows, but are still down 43% year-on-year.
The U.S. Treasury Department’s Office of Foreign Assets Control assessed $210,600 civil penalty against Apollo Aviation Group for violating the Sudanese Sanctions Regulations.
Lori Ann LaRocco’s new book chronicles the tariff war and tracks its impact through trade flows.
Uncertainty around trade wars and Brexit have been the biggest drags on air cargo markets this year, but Steven Polmans is an optimist.
