Containerized cargo declined last month in L.A., grew slightly in Oakland and spiked in Long Beach as East Coast captures market share.
Business groups are applauding the opening of diplomatic relations, hoping it will lead to commercial opportunities in a new market.
Merger speculation continues as CIOSCO says it is “contemplating a plan on a material event.”
Vessel charterer sees benefits from cost management and stronger U.S. dollar.
Reports allege that hundreds of tons of sodium cyanide were illegally stored at the site of explosion.
Container throughput slipped 6.8 percent year-over-year in the first half of the year to 4.5 million TEUs, which resulted from the port”s sluggish trade with China and Russia, the weak ruble, a drop in oil prices and the economic recession.
Danish carrier will no longer transport chemical that has been blamed for ship fires.
From the late 1960s onward, he represented numerous air freight carriers and forwarders in old fashioned way.
More than 100 Maersk Line ships will be outfitted with technology that helps determine weather and sea conditions on specific vessels, helping the carrier optimize its routes.
The company said it will provide equipment for five pure car/truck carriers under construction for Grimaldi Group.
The third party logistics provider said it will launch an updated version of RapidLink, its web-based supply chain software and service solution.
Ocean carriers Maersk Line, CMA CGM, MOL and OOCL issued general rate increases.
French logistics company gets a stake in U.S. market with purchase of OHL for undisclosed sum, continuing trend this year of major 3PL acquisitions across the globe.
Spot container rates from Shanghai to Northwest Europe and the Mediterranean dropped for the second straight week in a row.
Wei Jiafu, former chief executive officer of COSCO, has been named CEO of a Pasadena, California-based company called Apollo Acquisition Corp.
At least 56 dead, including 21 firefighters, reported in the aftermath of Wednesday’s explosion in the northern Chinese port.
Alphin Brothers, a North Carolina-based seafood processor and wholesale distributor, was sentenced this week in federal court for falsely labeling imported shrimp.
The global supply chain services provider said its new weekly rail service linking China to Europe will be a cost-effective transportation option.
The third party logistics provider reported second quarter net profits increased, while combined revenues decreased.
July export container volumes at the Southern California port increased 15.9 percent from last July, despite the strong dollar, which made U.S. exports more expensive overseas.
