$63.60
-0.230 (-0.360%)
At Close: Jun 03, 2026
Politics Or Progress? California Ports Defer Congestion Fee At The Last-Minute
07:40pm, Tuesday, 16'th Nov 2021 Zero Hedge
Politics Or Progress? California Ports Defer Congestion Fee At The Last-Minute Authored by Greg Miller via FreightWaves.com, Did ports defer fee plan because of progress or political peril? It came down to the wire, but the highly controversial Los Angeles/Long Beach congestion fee backed by the Biden administration is not happening at least, not yet. The ports were scheduled to begin charging ocean carriers $100 per import container starting Monday for boxes moving by truck that dwelled for nine or more days, and for boxes dwelling for six or more days that move by rail. The charge was scheduled to escalate by $100 a day until the container left the property. The ports announced Monday that they will delay consideration of the fee until Nov. 22, citing a 26% reduction in long-dwelling containers since the plan was announced on Oct. 25. Theres been significant improvement in clearing import containers from our docks in recent weeks, said Port of Los Angeles Executive Director Gene Seroka.
Hapag-Lloyd rakes in $3.9B in Q3, sees no plunge in rates yet
04:40pm, Friday, 12'th Nov 2021
Another ocean carrier financial report, another awe-inspiring bottom line. Germany's Hapag-Lloyd posted its best quarter ever on Friday, and CEO Rolf Habben Jansen provided his take on spot rates, Cal
Hapag-Lloyd's (HPGLY) CEO Rolf Habben Jansen on Q3 2021 Results - Earnings Call Transcript
02:39pm, Friday, 12'th Nov 2021
Hapag-Lloyd's (HPGLY) CEO Rolf Habben Jansen on Q3 2021 Results - Earnings Call Transcript
Hapag-Lloyd CEO says higher efficiency could help port waiting times
06:20am, Friday, 12'th Nov 2021
Hapag-Lloyd could clear pandemic-related logjams in container ports faster if operators improved the turnaround of boxes, the German logistics company's chief executive said on Friday.
Hapag-Lloyd nine-month net profit soars over 10-fold on record freight rates
02:14am, Friday, 12'th Nov 2021
German container shipping line Hapag-Lloyd reported a more than 10-fold surge in nine-month net profit on Friday, citing record freight rates amid scarce transport capacities and rising transport volu
Shippers Maersk and Hapag-Lloyd Thrive in Port Logistics Chaos
04:00am, Thursday, 11'th Nov 2021
Some major ports are in logistics chaos, and major container shipping companies A.P. Moller-Maersk and Hapag-Lloyd are benefiting from skyrocketing rates.
Shipping companies decline as China pauses production over holiday
09:22am, Tuesday, 12'th Oct 2021
CNBC's Frank Holland provides an update on container shipping prices as countries rush to fix the globe's broken supply chain.
Hapag-Lloyd CEO: ‘We are probably in the peak of the problems'
02:35pm, Thursday, 07'th Oct 2021
Congested ports. Clogged supply chains.
Hapag-Lloyd CEO says shipping still in the thick of supply chain disruptions
09:20am, Thursday, 30'th Sep 2021
Global container liner problems related to post-corona logistics hiccups have intensified in the third quarter and show no sign of letting up, the world's number five operator, Hapag-Lloyd, said on Th
Hapag-Lloyd Aktiengesellschaft (HPGLY) CEO Rolf Habben Jansen on Q2 2021 Results - Earnings Call Transcript
11:50am, Friday, 13'th Aug 2021
Hapag-Lloyd Aktiengesellschaft (HPGLY) CEO Rolf Habben Jansen on Q2 2021 Results - Earnings Call Transcript
Hapag-Lloyd raises box order to ‘counteract the container shortage'
01:56pm, Wednesday, 26'th May 2021
Hapag-Lloyd has increased its container order by 60,000 twenty-foot equivalent units (TEUs). “The sharp increase in demand has led to a shortage of containers across the world.
Hapag-Lloyd Aktiengesellschaft (HPGLY) CEO Rolf Habben Jansen on Q1 2021 Results - Earnings Call Transcript
03:17pm, Wednesday, 12'th May 2021
Hapag-Lloyd Aktiengesellschaft (HPGLY) CEO Rolf Habben Jansen on Q1 2021 Results - Earnings Call Transcript
Hapag-Lloyd rakes in more in Q1 than all of 2020
08:40am, Wednesday, 12'th May 2021
The German shipping line Hapag-Lloyd is not one to bandy about words like “whopping” or “skyrocketed” or “best ever” when describing bottom-line financial results. But the bottom line is H
Hapag-Lloyd shelling out more than half a billion dollars for containers
05:10pm, Tuesday, 20'th Apr 2021
Hapag-Lloyd has ordered 150,000 twenty-foot equivalent units (TEUs) in an effort to combat slow turn times. The cost — about $550 million — represents one of the German ocean carrier's largest con
Shipping Rates Will Normalize Very Soon: Hapag-Lloyd CEO
04:26am, Friday, 09'th Apr 2021
Apr.09 -- Rolf Habben Jansen, chief executive officer at Hapag-Lloyd AG, discusses the impact of the Suez Canal blockage on supply chains, shipping rates and his outlook for the industry. He speaks on
Sign In
Buy HPGLY