According to WSJ, this week the port of Oakland reopened with truckers limited to ‘free-speech zones’. Cargo containers stacked there started moving again. To protest a new California “gig economy” law, truckers started a strike last week to block the Port of Oakland’s gate which led to a big backlog of containers. According to officials […]
Delivery experts say package operators including the Postal Service will have capacity to handle surge before the holidays Shipping experts said UPS’s expanded parcel network and the online retail giant’s growing in-house logistics operation would likely provide enough capacity to avoid shipping delays after Fedex announced it hadn’t renewed its contract with Amazon. FedEx Corp.’s […]
According to the Wall Street Journal, after buying several container factories from its smaller competitor Singapore-based shipping company Pacific International Lines (PIL), China’s Cosco Shipping Holdings Co. is eyeing it as a potential takeover target. The Chinese state-run ocean carrier had bought part of debt-ridden PIL’s container-manufacturing business, and executives at the Chinese carrier believe […]
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