THE Ports of Los Angeles and Long Beach are ending the Container Dwell Fee that they never implemented, reports Ventura, California's gCaptain

As we approach midyear 2014, shipping’s economics remain stuck in the doldrums will little or no recovery in sight. The surplus capacity of ships to the cargoes requiring transportation has been aggravated by the delivery of a massive orderbook of new ships that followed the boom markets of the middle of the last decade.