Canada’s busiest airport is braced for delays after more than 700 ground handlers working for Swissport at Toronto Pearson Airport (YYZ) walked off the job Friday, July 28th, after rejecting…
Archives for July 2017
COSCO Shipping and SIPG Make Bid to Acquire OOCL
On July 9, 2017, COSCO Shipping Holdings Co. Ltd. announced that COSCO Shipping and SIPG (Shanghai International Port Group) made an offer to all shareholders of OOCL to acquire all…
TMF at Ports of LA/LB to Increase on August 1, 2017
The West Coast MTO Agreement (WCMTOA) recently announced that the Traffic Mitigation Fee (TMF) at the Ports of Los Angeles and Long Beach will increase by 2.3% on August 1,…
Cyberattack on Maersk: Operations Returning to Normal
After the June 27, 2017, cyberattack known as Petya crippled A.P. Moller-Maersk’s IT and booking systems, leading to congestion at some of the 76 ports run by the company’s APM…