Journal of Commerce
Horizon Lines to hike freight rates Largest Jones Act carrier will file a general rate increase with the Surface Transportation Board to raise its ocean freight rates for the company's Hawaii service, effective Jan. 2. Virginia ports ask $600M for new terminal Ports authority says it expects it will be able to fund more than 60 percent of the $2.4 billion cost to build a fourth container terminal in Portsmouth. European Union won't up WTO farm offer EU offers no further concessions on opening its agricultural markets, a key obstacle that could scuttle a global trade deal during the summit of ministers in Hong Kong in December.
International airfreight growth slows Traffic rose only 2.6 percent over the first ten months of 2005, well below the 13.4 percent growth of a year ago. U.S. wins Mexico rice challenge at WTO Appellate Body upholds a U.S. challenge of Mexico's antidumping duties on American long-grain white rice. EU proposes new banana tariffs New plan aimed at resolving a longstanding dispute over access to the European market.
The impact of ocean carrier consolidation
Dec. 7, 2005, 1:00-2:30 PM EST
Live Teleconference: The impact of ocean carrier consolidation
How the Maersk Sealand/P&O Nedlloyd and Hapag-Lloyd/CP Ships mega-mergers will affect the container shipping landscape.
The recent wave of mergers among container lines is the most significant in severalyears. For shippers, it presents a new and complex landscape for container shipping services. In this live teleconference, four experts will analyze and assess the impact of these mergers and how they will affect shippers and the international logistics system going into 2006. Speakers include Drewry analyst Phil Damas, former Nike logistics director Barry Horowitz, and liner shipping expert Gary Ferrulli. Moderated by JoC West Coast Editor Bill Mongelluzzo.
$250 per phone line for an unlimited number of listeners
For information, visit http://www.joc.com/teleconferences/IOCC/index.asp
DP World picks up three India terminals
P&O buy makes Dubai Ports World India's leading container terminal operator.
Dockworkers threaten Nigeria port strike
Employers get a seven-day deadline to pony up back
pay or face crippling walkout at Lagos, other ocean hubs.
Konecranes doubles China capacity
Finland crane maker inaugurates its second factory in China,
doubling its current production output.
JoC ONLINE: Horizon Lines to hike freight rates
Wednesday, November 30, 2005