OOCL today announced a profit attributable to equity holders of US$1,284.6 million for the six month period ended 30th June 2010. OOCL carried 39% more containers in the period whilst the new rate increases held up to further...
Read MoreContainer volume at West Coast ports increased 15 percent in the first six months of 2010 compared to the same period in 2009, according to the Pacific Maritime Association. The tally reflects all loaded containers, both inbound...
Read MoreThis opinion piece is by Warren T. Furutani, who represents the 55th District in the California Assembly, including parts of Long Beach and Lakewood. It’s impossible to overstate how important transportation and trade are...
Read MoreThe Jones Act maritime industry annually generates 500,000 jobs, contributes $100 billion in total economic output, adds $46 billion to the value of U.S. economic output, provides $29 billion in wages and contributes $11 billion...
Read MoreStriking Panamanian workers have recently won significant victories. The combined force of construction and banana workers has forced the Panamanian government to suspend its anti-worker, anti-union Law 30. Passed by Panama’s...
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