DOL: Railroad Labor, Management Reach Tentative Agreement

The U.S. Department of Labor announced yesterday that railroad companies and union negotiators had reached a tentative agreement.  


EU to Spend EUR5 Bln. on Transport Infrastructure Development

The European Commission (EC) has launched a call for proposals under the Connecting Europe Facility (CEF) for Transport program that makes available over EUR5 billion (US$4.99 billion) for European...


SCFI Declines for 13 Consecutive Weeks

Freight rates for container exports from China remained bearish on major trades on Week 36. The composite Shanghai Containerized Freight Index (SCFI), an indicator for spot rates for outbound conta...


NS to Close Gates to Intermodal Traffic

The Norfolk Southern Railway (NS) will close all gates to intermodal traffic at noon on Wednesday local time, suspending the acceptance of new shipments and empty containers. Strikes and lockouts c...


US Railroad Strikes Could be Staged on Saturday

A total of 10 railroad unions have reached either tentative or final agreements on new labor contracts in the ongoing negotiations between 12 unions and the National Carriers' Conference Committee ...


US Imports Down 0.4% in July

With inflation continuing and the Federal Reserve Board (FRB) hoping to cool demand through higher interest rates, imports to U.S. major container ports are expected to fall below last year's level...


Russia's TransContainer Opens Japan Subsidiary

TransContainer of Russia's Delo Group has opened a subsidiary in Japan. The new container freight forwarder, TC Japan, will deal with customers and promote TransContainer's service in a one-stop ma...


Containerships Stay Shorter in Aug. at World's Top 20 Ports

The average number of days for which freighters stayed at the world's top 20 container ports (based on volumes in 2021) was 2.32 in August, down 3.1% from the previous month, according to the Shang...


SCFI Falls Below 3,000 Pts. for 1st Time in 17 Months

Freight rates for container exports from China continued to fall in Week 35 due to weaker transport demand in line with global economic slowdowns, despite tonnage control by shipping lines. The com...


Liverpool Workers to Stage Strike on Sept. 19-Oct. 3

British trade union Unite the Union will stage a strike at the Port of Liverpool on Sept. 19-Oct. 3. Some 500 dockworkers and 60 maintenance engineers are expected to join. The wage increase of 7% ...



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