NEWS
Some West Coast shippers stuck with no backup plans
It’s too late for some retailers depending on shipments through West Coast ports. If they have no contingency plans for a potential strike or slowdown tied to International Longshore and Warehouse [...]
Container rates face ‘unprecedented volatility’ until 2016
EXCESSIVE container shipping supply will continue to drive volatile and bearish rates on key trades for some time, and a new round of orders for vessels larger than 24,000 teu could [...]
Panama Canal Contractor Resumes Work on New Locks
The consortium building the new locks at the Panama Canal resumed work on the project on Thursday after a two-week suspension in a dispute over $1.6 billion in cost overruns. The [...]
Panama Canal Settlement Leaves Technical Problems Unresolved
The settlement of the dispute over cost overruns between the Panama Canal Authority and the engineering consortium building its new set of larger locks leaves unanswered the questions of when the [...]
Panama Canal Expansion Works Stopped
Panama Canal expansion works was suspended today following a breakdown in talks between the canal authority and the construction consortium to resolve a bitter dispute over more than $1 billion in [...]
Panama Canal Expansion Completed Before 2016, It’s Possible?
Panama Canal expansion, may not meet its deadline, which is scheduled by December 2015, says a new American Farm Bureau Focus on Agriculture feature. Writer Stewart Truelsen for AFBF says almost [...]