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Month: August 2014

Container shortage looms over peak-season predictions

From the Journal of Commerce: A good peak season will lead to a shortage of containers, with the inventory of new boxes standing at less than two months of the required levels, Singamas chairman Teo Siong Seng said in Hong Kong....

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Long Beach terminals reopen as storm surges subside

From the Journal of Commerce: The Port of Long Beach has resumed full cargo-handling operations after storm surges from Tropical Storm Marie subsided. The port Wednesday suspended operations at two terminals due to 10- to...

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APM completes sale of Virginia port complex

Netherlands-based APM Terminals said Friday that it completed the previously announced sale of its container complex in Portsmouth to affiliates of Alinda Capital Partners, a big U.S. infrastructure investment firm, and...

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