Category Archives for Industry News

At least one USWC terminal dealing with ILWU job action Monday West Coast terminal operators say if Monday’s cargo handling went smoothly, coastwide negotiations between the ILWU and the Pacific Maritime Association would resume on Tuesday. At least one USWC terminal dealing with ILWU job action Monday Journal of Commerce

IATA upgrades global airline outlook as recovery gathers momentum The airline industry has performed better than expected so far this year, with the International Air Transport Association providing a surprisingly sunny financial outlook for an industry with a forecasted profit margin of just 1.2%. IATA upgrades global airline outlook as recovery gathers momentum Journal of […]

ATA urges Congress to reject Su as Labor chief The American Trucking Association said Julie Su’s track record of supporting California’s AB5 law and a lack of support for the trucking industry has failed to reassure them she’d be a successful Secretary of Labor. ATA urges Congress to reject Su as Labor chief Journal of […]

US chassis lessors learning from pandemic surge as demand wanes With international rail volume down by double-digit percentages in 2023, chassis providers have an opportunity to reflect on the struggles of 2021 and 2022 and adjust their networks ahead of the next surge. US chassis lessors learning from pandemic surge as demand wanes Journal of […]

ILWU shuts down some US West Coast port terminals The ILWU Friday shut down some terminals at West Coast ports after coastwide contract negotiations broke down Thursday because the union and employers are reportedly far apart on wages. ILWU shuts down some US West Coast port terminals Journal of Commerce

FMC ‘improperly’ applied incentive principle in detention decision: Evergreen Container carrier Evergreen argues the FMC ignored “critical facts” when applying the incentive rule in a December case and, in doing so, inadvertently set a precedent that detention cannot be charged on a holiday weekend. FMC ‘improperly’ applied incentive principle in detention decision: Evergreen Journal of […]

Slow demand, rising capacity drags air cargo rates to three-year low Air cargo carriers are set for a bleak few months, with high inventory levels and economic issues in destination markets further dampening the traditional slow summer season. Slow demand, rising capacity drags air cargo rates to three-year low Journal of Commerce

Norden aims to diversify cargo base with MPV acquisition Norden is looking to capitalize on an expected strong project and breakbulk market with the purchase of Denmark-based multipurpose vessel (MPV) operator Thorco Projects. Norden aims to diversify cargo base with MPV acquisition Journal of Commerce

First new chassis arrive for new South Atlantic pool The first chassis for a new equipment pool covering the ports of Jacksonville, Savannah, and Wilmington, NC, arrived this week, the first step ahead of an October launch. First new chassis arrive for new South Atlantic pool Journal of Commerce

Carrier decarbonization business case flawed: Seaspan The lack of security around the supply of alternative fuels in a highly fragmented market will undermine ocean carrier efforts to decarbonize the industry, according to the world’s largest container ship owner. Carrier decarbonization business case flawed: Seaspan Journal of Commerce