From the Journal of Commerce: The international shipping industry is only spending 0.1 percent less on bunker fuel than it was 24-weeks ago, but that fluctuation equates to big savings: $117 million daily. For an 8,000 TEU ship,...
Read MoreExcerpts from the Puget Sound Business Journal: West Coast ports may be slower, but they will not shut down during the holiday season. That’s according to Craig Merrilees, spokesman for the International Longshoreman and...
Read MoreStriking truck drivers from two companies agreed Friday to return to work, organizers said, ending a nine-day trucker protest at the ports of Los Angeles and Long Beach. The two struck companies — Pacer International Inc....
Read MoreMaersk has joined a large number of companies and established its own insurance company to handle its own risk management. Doing so allows the company to cut its insurance costs by one third, saving 600 million kroner annually....
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