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The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

NOL posts 5th straight quarterly loss; brighter outlook

Neptune Orient Lines, the world’s fifth largest container shipping firm, reported a wider-than-expected fourth-quarter net loss but said business conditions have improved. The company … has cut staff and reduced  capacity over the past 15 months to cope with weaker cargo  volumes, but it said demand is gradually returning. “There have been improvements in volumes and asset [...]

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