Trucker Strike at Port Metro Vancouver – Truck drivers have gone on strike and withdrawn their services from Port Metro Vancouver, Canada’s busiest port. Truckers are demanding standardized rates of pay across the trucking sector to prevent undercutting and to reduce...
Australia Leads Trade in Services Agreement – Australia is leading negotiations on a services-only free trade agreement with the United States and the European Union known as the Trade in Services Agreement (TiSA). Since discussions began in 2013, participation in the...
New Container Terminal at Port Klang – Port Klang’s proposed container terminal will have a capacity of 30 million TEUs a year, double the port’s current capacity. The third container terminal is meant to improve the port’s rankings as one of the world’s leading port...
Panama Canal Expansion Will Resume – The Panama Canal Authority has reached an agreement with their construction consortium, resuming work after a month-long suspension. Under the agreement, the authority agreed to pay $36.8 million for cost overruns. However, there...
The Port of Busan, also known as the Port of Pusan, began as a trading port with ties to Japan and was established as Korea’s first international port in 1876. During the Korean War, the port was able to escape occupation by North Korean Communists and became a major...
Port of Portland Offers Incentive Payments to Ocean Carriers – The Port of Portland has authorized incentive payments to Hanjin Shipping Co. and other ocean cargo carriers as a final bid to keep them calling at the port. The port will pay $20 per container moved...
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