P&O Ferries, owned by DP World, laid off hundreds of seafarers in March 2022 and replaced them with foreign agency workers paid less than the minimum wage.

The request came as cargo volumes have dropped off at West Coast ports, in part because retailers and importers have sought to avoid potential disruption and delays because of the labor negotiations.

The 48-hour strike, which is to end on the morning of March 25, has largely paralyzed cargo handling at major ports including Hamburg, Bremerhaven and Wilhelmshaven

With cargo volumes in steep decline, a showdown that ties up the flow of goods is likely to push more business to other gateways.

Extended lunar new year closures, well-stocked retailers and economic concerns point to soft first quarter.

Easter in the U.K. and Europe is a four-day holiday, including Good Friday and Easter Monday, making it a popular time for air travel.

MOUs finalized during the 2023 California Japan Clean Energy Trade Mission build on Port of LA’s pursuit of expanded global sustainability cooperation, and further its long-standing relationships with Japan’s ports.

The German air cargo hub in February registered an 11% year-on-year decline in cargo volumes to 146,620 tonnes. which were also 9.1% behind pre-COVID 2019 levels.

PSA, owned by Singaporean state investment firm Temasek Holdings Pte, is working with an adviser as it fields preliminary interest in the stake.

Following a period of seesawing freight rates and persistent service failures, ocean carriers and shippers are struggling to achieve some measure of equilibrium.