However, Ryder’s revenues for the quarter rose 7 percent year-over-year, driven by higher fuel costs passed through to customers.
Ships carrying up to 9,800 TEUs can now call terminals west of the Bayonne Bridge without worrying about tidal conditions now that U.S. Coast Guard Sector New York and pilot organizations lifted air draft restrictions.
American Shipper has launched a short survey to collect feedback on how the industry expects to be affected by the new ocean carrier alliances that launched at the beginning of the month.
Registration takes less than 1 minute.
The container terminal operator posted a net profit of 75.9 million euros on revenues of 639.4 million euros, year-over-year increases of 3.3 percent and 8.1 percent, respectively.
A Hapag-Lloyd spokesperson told American Shipper space is tight on the Europe to Asia trade right now from an uptick in volumes, which is abnormal for this time of year.
The Polish port has plans to expand and boost capacity by adding more deep-water transshipment quays and establishing the Central Port, along with building a new roll-on/roll-off terminal in the Outer Port.