U.S. justice authorities fined Japanese shipper NYK Line $59.4 million Monday for conspiring with other companies to fix the prices of transporting cars to and from the United States. “NYK conspired to suppress and eliminate...
Read MoreThe Port of Long Beach’s cargo volume saw 2.1% growth in November when compared to the same month last year, but the modest rise was enough to mark the busiest November since 2007. A total of 581,514 teu were moved through the...
Read MoreBaltic Container Terminal (BCT), International Container Terminal Services, Inc.’s (ICTSI) container terminal in the Port of Gdynia, Poland, recently received two new quay cranes (QC), further boosting BCT’s status as a key port...
Read MoreDecember 31, 2014 Commissioner William P. Doyle’s Statement on Hanjin/UASC/CMA CGM/CSCL Vessel Sharing and Slot Charter Agreement Today, I am voting to take no further action on the Hanjin/UASC/CMA CGM/CSL Vessel Sharing and...
Read MoreExcerpts from the Financial Times: Shipping lines have formed new, bigger alliances to make the most efficient possible use of the new vessels. Lines carry other alliance members’ cargo on their own vessels. But the change has...
Read More