Drewry warns worst-case scenario is that nearly 1 percent of world loaded traffic could be lost.
Ocean Alliance scales back on Asia-Mideast trade
Loops will be reduced from five to four at the end of July.
Heavy-duty truck ordering continues at record pace
FTR Transportation Intelligence says operators are ordering new vehicles in such large volumes that production can’t keep up due to a lack of available components.
Yang Ming charters 10 new ships
Taiwan carrier to charter five 11,000-TEU and five 12,000-TEU ships starting in 2020.
Executive Moves: Marine Chamber, ports, ship broker
Board chair, directors, managers and chief wharfinger named.
Port of Thunder Bay to undergo upgrades
The Canadian government is investing C$7.5 million in transportation infrastructure at the Great Lakes port.
Evergreen adds reefer containers to fleet
The new refrigerated containers are cooled with 3,000 of Carrier Transicold’s PrimeLINE refrigeration units.
Largest U.S.-flag containership christened
Matson will deloy the 3,600-TEU Daniel K. Inouye in the Hawaii trade.
Danaos profits slide on debt refinancing
The Athens-based containership lessor saw earnings fall 18.7 percent year-over-year in the first quarter despite rising revenues.
Tariff hikes cast U.S. ports into murky waters
“The livelihoods of all these people are at risk,” says international trade adviser.