Though green shoots of recovery have started appearing in the global economy, the shipping industry is unlikely to emerge from the slump for the next two or three years, according to business executives and analysts. “The...
Read MoreMaersk announced last December that it was pulling its service to Charleston after the local chapter of the International Longshoreman’s Association voted against a proposal floated by the shipping line that would have moved its...
Read MoreTrans-Pacific shipping rates are rising, but not high or fast enough for ocean carriers, says Wei Jiafu, president and CEO of China Ocean Shipping Co. “Since June, we’ve raised rates several times, but still not enough,” he told...
Read MoreMore cruise vessels called on the Port of Seattle during the 2009 season, although the number of passengers dipped slightly, the port announced Monday. … In a statement, port officials said data from the 2009 cruise season...
Read MoreThe crack that’s formed between the ports of Los Angeles and Long Beach is growing wider. … The two neighboring ports – long viewed by shippers and truckers as something akin to one big cooperative – are seen by some of...
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