More than 1,000 automobiles reportedly ablaze at Port of Incheon in Korea.
NWSA box-volume decline continues in April
Throughput at terminals operated by the Northwest Seaport Alliance slipped another 1.1 percent for the month following a 9.6 percent year-over-year decrease in March.
JC Horizon fights fees in cargo dispute
Shipper files complaint with FMC against China Shipping in demurrage and detention dispute it lost in arbitration.
Port of Grangemouth moves forward with upgrades
The Scottish port’s resurfacing development project at the container terminal will be finished later this year.
ILA vows battle on Delaware River
International Longshoremen’s Association claims non-union operations have eroded working conditions at terminals in and around Philadelphia.
Wabtec, GE Transportation merging
The deal to “bring together two global leaders in rail equipment, services and software” is valued at about $11.1 billion.
ELD provider ONE20 closing shop
Performance may decrease significantly before operations cease; meanwhile, GeoSpace Labs is offering incentives for abandoned customers.
U.S. shelves Section 301 tariffs on Chinese goods
Treasury Secretary Steven Mnuchin says the U.S. and China have agreed to put tariffs “on hold” while they negotiate an agreement that would put a heavy emphasis on reducing the bilateral trade deficit and protecting intellectual property.
Port of Hamburg’s Q1 throughput sinks
Germany’s largest port saw a 18.2 percent year-over-year decline in bulk cargo volumes.
Container rates recede again after brief rebound
The Shanghai Containerized Freight Index fell 3.2 percent last week, while Drewry’s World Container Index slipped 1.1 percent from a week prior.