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BC container ports set for shutdown after foremen begin strike

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Maritime employers say they will commence a lockout of the longshore foremen after their union began a threatened strike Monday morning, a move that will force marine terminals in the province to close. Source link

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North American projects provide lifeline for industrial gas suppliers

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Weak economic trends have kept the pressure on industrial end-markets serviced by Linde and Air Liquide, which provide key cargo for the breakbulk and project cargo segments. Source link

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Scrapping, slow steaming, demand will limit capacity overhang: Clerc

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A series of factors are bending the capacity curve back in favor of carriers and could lead to an improved supply-demand balance next year despite a large capacity overhang, believes the Maersk CEO. Source link

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Payment technology adapting to account for smaller invoice inaccuracies

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Shippers once saw small variances on freight bills as a nuisance too insignificant to dispute, but technology is enabling more efficient scrutiny across transportation modes. Source link

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BC container ports ready to lock out longshore foremen after strike vote

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Vancouver, Canada’s busiest container port, faces the possibility of a shutdown unless maritime employers and longshore foremen reach a new contract before a Monday deadline. Source link

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Ro/ro operators bank on recovery in ‘high-and-heavy’ market

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Asian exports and growth in construction and mining demand are expected to prop up ro/ro volumes, two major vessel operators say. Source link

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Network realignment shines light on hub-focused product vs. direct calls

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If the question is solely on the risk related to being delayed in each port, the Gemini network ought to, statistically, have a slightly higher core reliability than Mediterranean Shipping Co. when the need for shuttles is taken into account, writes analyst Lars Jensen. Source link

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Smaller US LTL carriers increasingly merging in ‘sink or swim’ market

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Those companies are combining to get the terminals, talent and technology they need to compete as larger carriers increasingly seek business in their markets. Source link

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Gemini faces 13-week phase-in before 90% reliability promise is tested: Clerc

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The new network will have a grace period for about three months as the first full port rotations are completed but must then quickly prove it can raise on-time performance to the promised levels, says Maersk’s CEO. Source link

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Hub Group’s Q3 intermodal volumes jump amid cargo frontloading

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The gains suggest Hub benefited from an aggressive pricing posture in bids that went live earlier this year, reversing some of its market share loss in 2023 by offering attractive rates to shippers. Source link

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