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Member lines of the Asia-Australia Discussion Agreement announced plans to implement a rate increase, as part of a rate restoration program.

Japanese export ship orders tumbled on a year-on-year basis for the fifth consecutive month in February as demand for new vessels flagged amid the deepening global economic slump.

London -- Idled ocean container capacity hit a new high of 1.41 million TEUs, or 11.3 percent of the world fleet on March 16, with 484 ships lying at anchor as carriers continued to retrench amid decl

Nine companies have expressed interest in bidding for the planned deep-water container terminal project at India's Port of Chennai, as the deadline for submission of request for qualifications ended o

A review of the short-term global economic outlook by leading analysts suggests any attempt at optimism regarding today’s shipping industry would be little more than a Pollyanna daydream.

Vehicle production and exports in Latin America’s top three auto-making countries — Argentina, Brazil and Mexico — are plunging amid the global economic crisis as U.S.

The South American steel industry has not escaped the global economic crisis.

For six years, copper defied every bullish forecast and every bearish warning.

The economic recession spreading around the globe is hitting South America, cutting sharply into containerized shipments as well as exports of automobiles and breakbulk commodities such as steel and f

Amid the deepening slump in the automobile market, car carriers are focusing more of their marketing efforts on oversize, non-automobile cargo to fill the empty space on their vessels’ decks.

Will the federal stimulus package have a profound effect on the U.S. steel industry?

New England’s “New Economy” is bumping up against some of the same logistics and infrastructure challenges plaguing the economies of old.

LONDON — The First Container Terminal in St. Petersburg, Russia’s biggest box terminal, reported traffic in February plunged 27.3 percent from a year ago as imports collapsed.

LONDON — Wallenius Wilhelmsen Logistics, one of the world’s biggest ocean car carriers, said it expects to idle up to 20 percent of its fleet this year amid a deepening slump in global aut

NYK Logistics (Americas) has named Timothy J. Nolan as the position of senior vice president and general manager of its non-vessel-operating common carrier and customs house brokerage division.

The overall U.S. trade deficit in January dropped to its lowest level in six years, not as a result of strong U.S. export performance but because of weak U.S.

Hamburg Sud is increasing freight rates on the westbound trans-Atlantic services as of April 10, the carrier announced.

Hong Kong-based Sinotrans Shipping group profit for 2008 rose 146.4 percent to $347.1 million, from $140.9 million the previous year.

LONDON – Panalpina almost halved net earnings last year and will cut approximately 10 percent of its workforce amid declining global cargo volumes, the Swiss logistics group said March 12.

London – NYSE-listed Danaos, one of the world’s biggest containership charter owners, breached loan covenants and is delaying delivery of ten vessels even though earnings and revenue growt

The economic recession spreading around the globe hitting South America, cutting sharply into containerized shipments as well as exports of automobiles and breakbulk commodities such as steel and fore

Amid the deepening slump in the automobile market, car carriers are focusing more of their marketing efforts on oversize, non-automobile cargo to fill the empty space on their vessels’ decks.

Evergreen Marine, Wan Hai Lines and Yang Ming officially opened two container terminals in ceremonies in Taipei today.

India’s Port of Mumbai announced plans to extend concessions on container stuffing and de-stuffing charges for a further period of one year ending March, 2010, following appeals from shipping li

Kuehne + Nagel said Monday it will take over J. Martens Holding, a Norwegian logistics provider to the oil and gas industry.

West Coast ports face a backlash from trans-Pacific carriers and a diversion of services if waterfront employers and labor leaders don’t work together to resolve skyrocketing costs in pension an

Retail container traffic at the nation’s ports sank 14.6 percent in January, according to the monthly Port Tracker report released March 6 by the National Retail Federation and IHS Global Insigh

London – Greek lawmakers approved a controversial agreement giving China’s Cosco Pacific a 30 year concession to operate container terminals in Piraeus, the country’s top box hub.

The Port of Oakland awarded a 50-year concession and lease agreement to Ports America Outer Harbor to upgrade and operate five container berths in the port's outer harbor area.

Less iron ore production due to the recession is likely to delay the start of the 2009-10 shipping season on the Great Lakes.

The Industrial Egret, the second in a series of four new ships to enter the Intermarine fleet in the next twelve months, was delivered last month to Intermarine in Portugal.

Container volumes at most Chinese ports will grow at single digits rates this year, and may actually decline at some.

LOS ANGELES -- If the big container lines that have cut rates to the unprofitable bone on the Asia-Europe trade start lowering their rates on the trans-Pacific this season, the other lines are sure to

LONDON - CMA CGM on March 2 became the latest carrier to announce increases in ocean freight rates across its main trades for the second quarter.

LONDON - Idled ocean container capacity on March 2 reached a record 1.35 million TEUs with 453 ships without work as carriers continue to axe services in the face of collapsing cargo volumes and tumbl

The Panama Canal Authority is asking for proposals to dredge the Canal's Atlantic entrance.

Singapore-based Samudera Shipping Line posted net profit of $26.8 million for fiscal 2008, up 29 percent from $20.7 million the previous year.

The ports of Los Angeles and Long Beach want your

If you want to see what economists mean by “inventory overhang,” take a look at the parking lots around any of the major auto ports.

Factories shutting down by the thousands. Falling container volumes at ports. Double-digit declines in imports and exports. Is China’s heyday coming to an end?