Day: March 6, 2011

Container rates may begin to rally in April on box shortages-APL

Mar 6, 2011

Container box availability has fallen to around 1.6 per twenty-foot equivalent unit (TEU) this year, from 2.2 four years ago, said Eng Aik Meng, president of APL container shipping line, a unit of Singapore’s Neptune...

Port of Seattle CEO Yoshitani to get 9% pay raise

Mar 6, 2011

Port of Seattle commissioners gave CEO Tay Yoshitani a pay raise Tuesday, to a base salary of $366,825 effective this year. Yoshitani’s goals, set Tuesday by the commission, include issuing a finance plan to cover the...