Disruptive 2022 does little to upset global container port rankings
Half of the world’s top 50 container ports grew their volumes last year while the other half saw declines, highlighting the contrasting fortunes of
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Tough market conditions slow DHL’s H1 profitability
A challenging operating environment pulled down revenue and earnings at DHL, but the Germany-based integrator remains in a highly profitable position ahead of an
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Yellow’s collapse already pushing LTL rates higher as capacity tightens
The third-largest less-than-truckload provider in the US stopped operations Sunday, cutting into industrywide excess capacity and increasing pressure on pricing for LTL shipments.
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ONE reports sharp drop in fiscal Q1 profitability as rates, demand fall
The financial results of the Singapore-based carrier reflect a return to a more normal container shipping market, albeit one characterized by weak demand from
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ILWU Canada’s contract rejection thrusts BC ports in limbo
The membership of the International Longshore Warehouse Union Canada has rejected a four-year contract at the ports of Vancouver and Prince Rupert, which employers
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Court denies SC Ports appeal of Leatherman ruling
The latest decision upheld an initial ruling by the National Labor Relations Board that allowed the International Longshoremen’s Association to sue ocean carriers that
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Non-union layoffs edge Yellow closer to collapse
Word of layoffs among non-union staff at Yellow spread Friday, and shippers report less-than-truckload (LTL) pricing is already moving higher in anticipation of a
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CMA CGM reports $1.3 billion Q2 profit despite flat volume
"Normalizing" container shipping market conditions slashed more than $6 billion from CMA CGM's quarterly earnings compared with an overheated 2022, but the carrier remains
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FMC’s Dye offers fixes for container flow problems through US ports
The FMC commissioner will consider how her proposals would work at three of the country’s busiest gateways — the ports of Los Angeles and
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