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Marine Ports and Services

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  • LOS ANGELES, April 29- Striking port truckers seeking recognition as employees rather than as independent contractors for their companies picketed a rail yard on Wednesday as they called again on the mayors of Los Angeles and Long Beach to weigh in on drivers' behalf. The four companies- Pacific 9 Transportation, Intermodal Bridge Transport, Pacer Cartage, and...

  • LOS ANGELES, April 27- Tractor-trailer drivers who haul freight from the ports of Los Angeles and Long Beach went on strike against four trucking firms on Monday, demanding recognition as employees rather than contractors in a move reviving labor tension around the country's busiest cargo hub. Delegations of drivers notified the companies of their intent to...

  • LOS ANGELES, April 27- Tractor-trailer drivers who haul freight from the ports of Los Angeles and Long Beach went on strike on Monday against four trucking companies, a Teamster union official said, in a move that could revive labor tension at the nation's busiest cargo hub. Delegations of drivers notified the companies of their intent to strike at 6 a.m. Pacific...

  • LOS ANGELES, April 27- Truckers who haul freight from the ports of Los Angeles and Long Beach will go on strike against four ground-shipment companies on Monday, a Teamsters union official said, in a move that could revive labor tension at the nation's busiest cargo hub. Delegations of drivers planned to notify the companies of their intent to strike at 6 a.m....

  • LOS ANGELES, April 24- Truckers who haul freight from the ports of Los Angeles and Long Beach will vote on Saturday whether to go on strike, organizers said, in a move that could revive labor tensions at the nation's busiest cargo hub as it recovers from a crippling dockworkers dispute. Picket lines could go up as early as Monday at various terminal yards, rail yards...

  • SAN FRANCISCO, April 17- Conservation groups filed a lawsuit against California on Friday, saying the state did not adequately consider environmental factors when it approved a 30- year lease last month for a marine terminal at Tesoro Corp's refinery near San Francisco Bay. The Center for Biological Diversity and Communities for a Better Environment said...

  • LOS ANGELES, April 1- Cargo congestion at the two busiest U.S. container ports has eased considerably in the six weeks since West Coast dockworkers and shippers reached a tentative labor deal, but port officials said it would take several more weeks for freight traffic to return to normal. The most obvious sign of improved cargo flow through the ports of Los...

  • SINGAPORE, April 1- A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face lengthy delays of up to three weeks to load oil because of bad weather and possible oil quality issues, shipping industry sources said. The problems could delay or limit the number of oil export cargoes from Basra in April, potentially pushing down...

  • MOSCOW, March 16- Russia's Global Ports will scrap its dividend due to the economic turmoil that has crippled the freight market in Russia, the London- listed ports operator said on Monday. The company fell to a net loss last year as a drop of more than 40 percent in the rouble led to foreign exchange losses on its dollar-denominated debt and squeezed Russia's...

  • MOSCOW, March 16- Russia's Global Ports will scrap dividends and consider selling additional shares, the London- listed ports operator said on Monday, reflecting economic turmoil that has crippled the freight market in Russia. The company fell to a net loss last year as a fall of more than 40 percent in the rouble led to foreign exchange losses on its...

  • MOSCOW, March 16- Russia's Global Ports will scrap dividends and look to sell additional shares, the London- listed ports operator said on Monday, reflecting economic turmoil that has crippled the freight market in Russia. The company fell to a net loss last year as a fall of more than 40 percent in the rouble led to foreign exchange losses on its...

  • SAO PAULO, March 3- Some truck drivers in Brazil continued blocking roads on Tuesday, slowing grains deliveries to southern ports, even as adherence to the strike diminished and a key highway in top soy state Mato Grosso opened. Nationwide, there were 18 roadblocks over rising freight costs by the end of the day on Monday, well below peaks of more than 100 a week ago,...

  • ISMAILIA, Egypt, Feb 26- Egypt's military could help build an industrial hub around a new Suez Canal, the project's manager said, the first suggestion that the armed forces may play an important role in the huge investment venture planned alongside the new waterway. The army began in August digging the new $8 billion canal that President Abdel Fattah al-Sisi, the...

  • TORONTO, Feb 23- A looming lockout at Canada's biggest railway threatens to delay imports from Asia and may compound a U.S. West Coast port logjam unless last-ditch contract talks succeed on Monday. CN Rail operates freight trains on tracks across Canada and the United States, but Unifor represents only Canadian workers. Ontario- based automakers such as Ford...

  • TORONTO, Feb 23- A looming lockout at Canada's biggest railway threatens to delay imports from Asia and may compound a U.S. West Coast port logjam unless last-ditch contract talks succeed on Monday. CN Rail operates freight trains on tracks across Canada and the United States, but Unifor represents only Canadian workers. A lockout could spur disruptions of...

  • When West Coast docks will catch up: Port boss Monday, 23 Feb 2015 | 9:19 AM ET
    A container ship is docked at the ports of Los Angeles and Long Beach, Calif., in this aerial photo taken Feb. 6, 2015.

    Congestion at 29 ports following a months-long labor dispute has reached "epic proportions," the Port of Long Beach CEO tells CNBC.

  • LOS ANGELES, Feb 21- A group of shipping companies and a powerful dockworkers union reached a tentative labor deal late on Friday after nine months of negotiations, settling a dispute that disrupted the flow of cargo through 29 U.S. West Coast ports and snarled trans-Pacific maritime trade with Asia. The White House called the deal "a huge relief" for the economy,...

  • West Coast ports, union reach tentative labor deal Saturday, 21 Feb 2015 | 1:56 AM ET
    Container ships sit docked in a berth at the Port of Oakland on February 17, 2015 in Oakland, California.

    Shipping companies and terminal operators clinched a tentative deal with the dockworkers union, settling a labor dispute causing months of backups at 29 U.S. ports.

  • SAN FRANCISCO, Feb 20- Shipping companies and terminal operators clinched a tentative deal with the dockworkers union on Friday, settling a labor dispute that led to months of cargo backups at 29 U.S. West Coast ports and snarled trans-Pacific trade with Asia. The deal, confirmed by a source close to the situation, was reached after the U.S. labor secretary arrived...

  • SHIPPING COMPANIES AND DOCKWORKERS' UNION REACH TENTATIVE DEAL IN CONTRACT TALKS FOR 29 U.S.