Freight rates in the container shipping industry are recovering gradually and are likely to reach break-even levels by the first quarter of next year, an executive at Denmark’s Maersk Line said on Monday. … Vincent...
Read MoreEarly signs suggest that the global shipping downturn has hit bottom as freight rates recover to near break-even levels, but it could be years before the industry returns to pre-recession levels. … Demand and prices in...
Read MoreTrade and transportation organizations are applauding the settlement between the Port of Long Beach and the American Trucking Associations of a lawsuit involving the port’s clean-truck program. Environmental interests,...
Read MoreIn this excellent video produced by the Maritime Union of Australia, dock workers from around the world support the Dublin Dockers. Their employer, Marine Terminals Limited, forced lay-offs on a quarter of the workforce and...
Read MoreHyundai Merchant Marine will increase freight rates for the trade moving on its services from China to India and Pakistan. … The South Korean carrier said the rate increase is necessary to provide reliable services to...
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