Container Shipping News

Shipping lines in the westbound Pacific intend to increase their rates on dry cargo exports to Asia by $50 per 40-foot container from California ports and $100 per FEU from the Pacific Northwest and i

Maersk Line said it is cutting about 400 jobs at its central management organization as part of a restructuring aimed at speeding up and simplifying decision-making.

Volume growth of up to 8 percent is expected on intra-Asia trades this year, helping rates recover during this quarter on many lanes, says one liner executive.

Contract negotiations between office clerical workers and waterfront employers in Southern California broke off after only two days of talks, opening up at least a theoretical possibility of picketing

The volume of containers handled by the Port of Montreal increased 3.6 percent last year to 1.36 million 20-foot equivalent units.

Spot rates on the westbound Asia-Europe trade fell for the fourth consecutive week, undermining carriers’ ability to nail down the peak-season surcharges they have said they will implement on th

The top negotiator for East and Gulf Coast waterfront management said International Longshoremen’s Association President Harold Daggett “appears to be less-than-committed to engaging in me

Sweden’s Stena Line has acquired five short-sea routes in the Baltic Sea from German rival Scandlines in a major expansion into one of Europe’s fastest growing roll-on, roll-off freight ma

State-owned Shipping Corporation of India lost $78 million in fiscal 2011-12, which ended March 31, compared with a net profit of $103 million a year earlier.

Shippers appear to be increasingly turning to rail instead of truck when it comes to bringing high-value loads across the U.S. borders with Canada and Mexico.

The value of surface transportation trade between the U.S. and Canada and Mexico hit a monthly record in March, topping $85.7 billion.

Eastbound trans-Pacific spot rates held steady this week for the sixth week in a row, as carriers resisted any rate-cutting in advance of

Israeli ocean carrier Zim Integrated Shipping Services said its first quarter net loss widened to $163 million from $111 million a year ago and $151 million in the previous quarter because of a &ldquo

International Longshoremen’s Association President Harold Daggett said long delays at the Port of New York and New Jersey before the Memorial Day holiday weekend were not the result of an intent

The ratio between container ships on order and the world fleet has fallen to a nine year low, according to Alphaliner.

Piraeus Port Authority swung to a 185,400-euro ($231,250) pretax profit in first quarter 2012 from a 2.94 million-euro ($3.7 million) loss a year ago, reporting a sharp increase in container traffic a

More than half the crew aboard the Maersk Alabama when it was attacked by Somali pirates in April 2009 have filed lawsuits against Maersk Line Ltd., the U.S. subsidiary of A.P.

Eimskip, the Iceland-based container shipping and refrigerated logistics group, reported operating profit almost halved in the first quarter from a year earlier as higher costs and one-time items outw

The German twin ports of Bremen-Bremerhaven boosted container traffic 13.6 percent in the first quarter from a year earlier, closing the gap with slower-growing rivals in the Le Havre-Hamburg range.

Jorge Quijano is preparing to move out of his old office in what looks like temporary buildings on the site of a former U.S.

The Journal of Commerce’s Annual Top 100 Importers and Exporters ranking is based on data from PIERS, a JOC sister company, and other industry sources.

Yogi Berra might as well have been talking about the 2012 JOC Top 100 Importers and Exporters rankings when he uttered one of his infamous quotes: “It’s déjà vu, all over aga

When I took my 1999 Saab into the shop last year, the service manager told me I would need more than $4,000 in repairs.

Container shipping lines hope peak-season volumes will get a boost from customers’ need to replenish tight inventories.

Critics scoffed two years ago when President Obama announced his National Export Initiative aimed at doubling U.S. exports between 2010 and the end of 2014.

American consumers are spending again, fueling optimism that container shipping this year will see something missed the last two years: a robust pre-holiday peak shipping season.

As bad as the air cargo industry has fared in recent years, the woes would be so much greater if not for steady growth in U.S. electronics exports.

To gauge the outlook for furniture sales, check the real estate market. When people change homes, they often spend to furnish their new digs.

Footwear importers are looking forward to a strong back-to-school season this year as the industry rebounds from a somewhat disappointing 2011.

In the heated political debate over U.S. economic policy, Democrats and Republicans agree on at least one essential goal: China needs to start importing a lot more goods and services from the U.S.

Veteran logistician Pat Moffett has been around since the last time the International Longshoremen’s Association struck at East and Gulf Coast ports — in 1977 — so he’s not get

When Nike this month accepted the Federal Maritime Commission Chairman’s Earth Day Award for outstanding shipper leadership and innovation in sustainable ocean transport practices, it affirmed t

Fiscal 2011 produced record agricultural exports from the U.S., and exports for this fiscal year, which ends Sept. 30, are expected to be almost as strong.

Electrolux’s Bjorn Vang Jensen is looking for a new way of negotiating contracts with ocean carriers.

International Longshoremen’s Association President Harold Daggett said United States Maritime Alliance has been unwilling to agree to ILA contract demands for job guarantees in exchange for incr

A longshore labor dispute that produced three days of work slowdowns and long delays for trucks at Port of New York and New Jersey marine terminals apparently was settled Friday.

Lines could see the freight rate gains of this year on major trades wiped out in the fourth quarter when more vessels enter the market and volumes contract post-peak season, according to a third-partl

The port of Rotterdam is investing more than $18.75 million in a new heavy lift/project cargo terminal to keep pace with growing traffic and maintain its market share.

The International Chamber of Shipping criticized planned Panama Canal toll increases as “rushed, excessiv

Japanese export ship orders tumbled 43.5 percent in April from a year earlier to 515,768 gross tons, according to figures released by the Japan Ship Exporters’ Association.