Carriers jettison India-US April rate hike plans after shaky March recovery erodes
Major carriers had lined up rate increases with the intention of strengthening their bargaining power during service contract negotiations, but overcapacity seems to have kept that tactic in check.
APM to spend $500 million to enhance cargo handling at Elizabeth terminal
Capacity improvements at the New Jersey facility will include optimization of the terminal layout, rebuilding berths at a higher level to allow for anticipated increases in the sea level and replacing existing cargo-handling equipment with zero-emission, electric machines.
Maersk holds top spot for US Gulf import carriers in 2024; MSC best for exports
The top 10 carriers for imports collectively hauled 2.43 million TEUs into the Gulf Coast last year and had a market share of almost 94%, according to the latest Journal of Commerce rankings.
Maersk holds top spot for US Gulf import carriers in 2024; MSC leads for exports
The top 10 carriers for imports collectively hauled 2.43 million TEUs into the Gulf Coast last year and had a market share of almost 94%, according to the latest Journal of Commerce rankings.
USTR’s China tonnage tax would squeeze smaller trades: stakeholders
US maritime interests said the proposed fees on Chinese ships would hit a variety of low-value, niche trades that can’t absorb the costs.
Breakbulk stakeholders blast USTR’s China tonnage tax proposal
MPV industry experts call for exemptions to US port tax for China built ships, stressing the lack of alternatives for specialist cargo carriage and the unfair burden on responsibility on the sector.
Tacoma to boost ro/ro capacity in $200 million expansion plan
A deal between the Northwest Seaport Alliance and the Native American Puyallup Tribe will result in a 22-acre, two-berth terminal completed by the end of the decade.
Empty containers piling up in Los Angeles-Long Beach after January import surge
The growing backlog of boxes awaiting a return to Asia has resulted in finger pointing among stakeholders over how best to address the problem.