Port of LA incentives aim to accelerate EV drayage adoption
Los Angeles and its terminal operator tenants are offering up to $300,000 per truck for drayage operators purchasing at least 10 battery-electric vehicles.
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Hapag-Lloyd hikes full-year profit guidance on robust demand
The revision follows a similar move by Gemini Cooperation partner Maersk as frontloading on the trans-Pacific and Asia–Europe trades fills ships and drives up
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Volume surge boosts OOCL revenue in second quarter
The strong Q2 performance is a clear indication of the financial rewards carriers are reaping from frontloading on the two main trades out of
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Booking restrictions for India exports tighten amid rush
Ocean carriers are increasing penalties for cancelling orders and not delivering containers for services connecting India to Europe and North America.
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EPA proposal likely to cut truck costs, but little impact expected on capacity
For fleets, the emissions-related proposal announced Thursday changes the economics of purchasing equipment, but it is not likely to fundamentally change the economics of
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Oversupplied ocean carriers steaming toward excess capacity after 2026
Despite the current absorption effects of geopolitics and network disruption, the volume of tonnage coming online over the next two years is likely to
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Ship operators push ahead with slew of new MPV, car carrier orders
Breakbulk carriers are investing in tonnage to help address an aging fleet profile, though the ordering is being done with “discipline” to maintain a
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European Commission’s Annual Tax Report (ART) provides latest insights into the revenue mix
The European Commission has presented its Annual Report on Taxation (ART), offering a detailed overview of taxation policies in all EU countries. This report
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ILWU clerical unit organizes SSA workers in Utah office
After representing clerical workers in Southern California for decades, the ILWU Office Clerical Unit has successfully organized the terminal operator’s clerical workers in Utah
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Intermodal provider STG officially emerges from bankruptcy
The restructuring injects new capital into the Ohio-based company just as the prolonged freight recession is ending and pricing power has swung back toward
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