Forwarding

The Indian government will review vessels older than 25 years before they are allowed to sail in Indian waters.

International port companies face rising losses at Vietnam’s showpiece Cai Mep container port as terminals are operating at less than half of their capacity, according to industry analyst Alphal

Consumer spending rose 0.8 percent in July, the Commerce Department reported, as strong demand for motor vehicles led the strongest gain in the consumer market in five months and provided a boost for

CMA CGM expects 2011 to be a positive year despite reporting a 72 percent year-over year decline in first-half profit to $237 million, as higher fuel costs offset shipping volume gains.

Star Reefers won $16.5 million in damages from a Russian fruit importer that terminated charters on the Norwegian ship-owner’s refrigerated cargo ships 14 months before their expiration.

Maersk Line is launching a direct service connecting Ecuador with Spain, Turkey and the Black Sea in late September, as it targets Latin America banana exports to European and Russian markets.

Major East Coast ports re-opened Monday and trucking and railroad companies slowly resumed services as they began making a full assessment of damage to transportation operations that took the impact o

Horizon Lines is asking bondholders to swap $330 million in convertible notes for new debt and equity and said approval will allow the carrier to finish a $655 million refinancing by the end of Septem

The Broward County Board of County Commissioners on Aug.

U.S. consumer sentiment hit its lowest level since November 2008, a decline aggravated by political battles in Washington, according to a survey.

China Cosco Holdings posted a first-half net loss of $432 million, compared with a net profit of $553 million a year earlier, and said reached agreements on bulk carrier charter disputes that led to s

Green Reefers narrowed its second quarter loss to $11 million from $13 million a year ago, but the conventional refrigerated cargo ship operator warned of growing competition from container vessels.

China Shipping Container Lines lost $95 million in the first half of the year compared with a profit of $264 million a year earlier, as slumping rates and volumes pushed revenue down 12.9 percent.

United Arab Shipping will apply a general rate increase on the eastbound trade from North Europe to the Indian Subcontinent and the Arabian Gulf, starting Sept. 15.

Hapag-Lloyd announced general rate increases, effective. Oct. 1, for shipments between the U.S., Canada and Mexico and North Europe and the Mediterranean.

U.S. port officials in the Pacific Northwest, saying higher taxes are partly behind the loss of business to Canada, are urging grain shippers to support efforts to change federal cargo fees.

Zim Integrated Shipping Services swung to a $68 million net loss in the second quarter from a $3 million profit a year ago, as lower ocean freight rates offset increased container volume.

The head of the American Trucking Associations wants Govs.

DP World boosted first half after-tax profit by 36 percent from a year ago to $281 million, as the global port operator benefited from

Cosco Pacific’s first half gross profit jumped 71 percent to $119.3 million as the Hong Kong-listed company posted sharply improved results from its terminal operations and container leasing, ma

INTTRA.

North Carolina’s ports of Wilmington and Morehead City will close noon Friday as the coast braces for the impact of Hurricane Irene and the 115 miles-per-hour winds expected to hit landfall abou

The top executive at New York Container Terminal on Staten Island is urging the Port Authority of New York and New Jersey to provide a frequent-user discount for truckers whose bridge tolls will more

A 23.5 percent rise in exports pushed the Port of Tacoma’s loaded container volume up 10 percent in July from the same period a year ago.

Clarksons, the world’s largest shipbroker, saw its first half pretax profit fall 8 percent to $22.3 million from the same period a year ago, largely due to lower freight rates and an unfavourabl

Russia’s northwestern port of Murmansk has been put up for sale with a price tag of around $700 million.

Beleaguered shippers facing delays and congestion surcharges at the India’s Port of Chennai will have an alternative gateway in January.

Grain shippers in the upper Midwest could once again struggle to get containers later this year, says an equipment lessor, if the peak shipping season in the eastbound Pacific is disappointing and the

APL and Hamburg Sud will cooperate in a vessel-sharing agreement linking the West Coast of South America with Central American ports and connecting with the carriers’ linehaul services.

Container truck drivers at India’s Port of Chennai ended their strike Tuesday night following intense negotiations between the strikers, port-terminal officials and trade representatives.

APL will shift its port calls from New York Container Terminal on Staten Island to Maher Terminals in Elizabeth, N.J., next July in a move reportedly influenced by rising tolls at the Port Authority o

China Cosco Group named Ma Zehua, vice president at rival China Shipping Group, as CEO, succeeding Wei Jiafu, according to Dow Jones Newswires.

The congestion at cargo terminals in India’s Port of Chennai that has plagued ocean carriers and shippers over the past two months is set to worsen in the coming weeks because of another wildcat

Container ship owner-charterer Seaspan took delivery of the Cosco Harmony, the company’s fourth ship with capacity of 13,100 20-foot-equivalent units.

Soft demand for home goods helped push U.S. containerized imports down 5.4 percent last month from July 2010 after a 1.7 percent year-over-year decline the previous month.

Japanese export ship orders fell for the third straight month in July on a year-on-year basis, plunging 58.2 percent to 484,020 gross tons, according to figures released by the Japan Ship Exporters&rs

Mediterranean Shipping Company imposed a peak-season surcharge on westbound shipments from Asia to all Mediterranean destinations, starting Sept. 5.

Container shipping is heading toward a prolonged slump that could last longer than the 2009 downturn, research analyst Alphaliner warns.

India plans to build seven ports by 2017, using 7.6 billion in public and private funds, according to reports

The Coast Guard is warning vessels and ports in South Florida to be prepared for gale force winds from Hurricane Irene within 48 hours.