Disclaimer

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.

Hapag-Lloyd joins merger partner CSAV in reporting a Q3 loss

Hapag-Lloyd joined its future merger partner CSAV in reporting a loss in the third quarter.

The German container line reported a loss of EUR50.7m ($63.1m) in the third quarter of 2014, compared to a profit of EUR16.6m in the same period last year. For the first nine months of 2014 Hapag-Lloyd lost EUR224m, compared to […]

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Rail car shortage blunts Puget Sound ports’ comeback bid

From Bloomberg:

In the U.S., shippers of grain, coal and other commodities have told regulators of poor service from BNSF, owned by Warren Buffett’s Berkshire Hathaway Inc. The U.S. Surface Transportation Board in June ordered railroads to report plans for resolving the backlogs.

Seattle and Tacoma are being stymied in their push to […]

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