A climate conference in Glasgow, Scotland, hosted Transport Day on Wednesday, when global leaders signed on to create at least six green maritime routes by 2025.
SC Ports and the Virginia Port Authority are benefiting from customers seeking less congested ports, they said.
President Biden was Professor Biden at the Port of Baltimore, explaining Supply Chain 101 to the American people.
Just five days before emergency SoCal container fee is set to begin, offshore traffic jam reaches new heights.
Lawmakers have introduced bills that would tap into unspent COVID-19 relief funds to help compensate vessel owners looking to reroute ships away from choked Southern California ports.
A small number of non-U.S. entities determine vessel and container levels for U.S. ocean supply chains.
Third-party logistics provider Radiant Logistics again posted record quarterly results on Tuesday. On a call with analysts and investors, company officials called out strength in virtually every segment Radiant serves.
Federal regulators are calling for a “full and thorough review” of the proposed purchase of the largest port operator in the U.S. by a Canadian pension firm.
The Biden administration is racing to cut red tape so the government can expedite port and freight transportation infrastructure investments.
Lack of data sharing regarding nonscheduled vessels is adding to the congestion in San Pedro Bay and impacting the ability to plan for container processing.
Port congestion forced container ships to go faster. Congestion remains extreme, yet ships are slowing down.
Congress approves provisions allowing under-21 truck drivers – as well as guidance on truck brokers and freight dispatchers – in a five-year highway bill that is part of a larger $1.2 trillion infrastructure package.
As the holidays loom, a congressman wants to eliminate legal hurdles banning 18-to-20-year-old truck drivers from moving containers in and out of ports.
Private marine terminals in Tacoma are putting more pressure on importers to pick up containers that are left for weeks and choking the movement of cargo.
A trucking trade group is urging California Gov. Gavin Newsom to enforce a state law to prevent terminal operators and ocean carriers from charging excessive per-diem and demurrage fees and using port truckers as “a convenient ATM to bolster their profits.”
“The customer demand will change so much faster than the industrial processes, and I think that to be early might be challenging, but to be too late will be devastating,” said Anna Borg, president and CEO of Vattenfall.
Port America, Ceres and SSA Atlantic have formed joint venture Gateway Terminals at the Port of Savannah as a way to consolidate terminal, truck gate and stevedoring services.
Crude-tanker owners continue to pile up huge losses, but hopes are high for next year.
California congestion hits charter rates as ship operators waste millions waiting to get to terminals.
CEO Rodolphe Saadé says the CMA CGM Group is acquiring Fenix Marine Services to effectively manage its West Coast port operations.
Trucking companies dispute the widely reported message that a driver shortage is largely to blame for the port congestion issues in California. In fact, drayage companies are laying off drivers because of port delays.
Virtually every U.S.-listed shipping stock fell on a day that the S&P 500 hit a record high.
Despite beating the Wall Street consensus, Expeditors’ stock declined.
Shipping giant Maersk has transformed itself into a one-stop shop for logistics services and now is growing its airfreight capability.
Cybercriminals have attempted to sell network access for multiple shipping and logistics firms, opening the door for devastating ransomware attacks in the global supply chain, a new report warns.
Matson set additional emissions-reduction targets Monday. The Hawaii-based shipping company plans to reach its goals by improving efficiency and accelerating zero-carbon fuels and technologies.
The ports of Los Angeles and Long Beach are turning into makeshift warehouses. Officials hope new fines on lingering cargo will end the practice.
Maersk expands air business after earning more in a single quarter than in any prior full year.
TCA and Blume Global will present a free webinar on the current congestion at the ports and how digitization can help ease the backlog.
The Port of Los Angeles is hoping to scare the freight community into more efficient behavior with big fines for the slow retrieval of containers.
The ports of Los Angeles and Long Beach haven’t informed federal regulators yet about their plans to hit ocean carriers with big fees for excessive storage of containers.
Inventory restocking and demand for domestic intermodal service will support Hub Group into next year, executives said.
The ports of Los Angeles and Long Beach are turning to heavy-handed tactics to address a container logjam that is gumming up supply chains.
Shippers, carriers and logistics companies aren’t getting many answers yet about hefty surcharges for lingering containers at the ports of Los Angeles and Long Beach.
Trans-Pacific container shipping rates remain exceptionally strong despite a dip earlier this month.
California and federal officials are partnering to speed up future freight infrastructure investments, as well as reduce delays impacting cargo flows today.
The daily surcharge fines begin Monday, but there has been no immediate surge of container activity.
Biden-backed plan to tackle container congestion could make logjam even worse, critics believe.
The Port of Long Beach is trying to innovate its way out of container gridlock. The latest move is regular shuttle trains to Utah to reduce less efficient truck moves.
A Florida lawmaker says China is undercutting the container gantry crane market and increasing cyber-risks for U.S. ports.
The Los Angeles/Long Beach cargo community is confused about punitive fees on ocean carriers designed to expedite the clearance of containers from marine terminals.
The Jacksonville Port Authority handled more than 1.4 million TEUs in its 2021 fiscal year, an all-time annual record, and it says it’s ready to take on more for those wanting “congestion-free” service.
Media coverage increasingly links consumer price inflation to container shipping and supply chain chaos.
To make room for more containers at the ports of Los Angeles and Long Beach, UP and BNSF are offering incentives to ocean carrier customers to move out the containers already there. UP is also temporarily pausing westbound marine container movement to its Long Beach facility.
The Clure Public Marine Terminal now can handle “international shipping containers transported by vessel.”
Many media outlets are reporting that a Long Beach city order will allow bigger container stacks at the port. Not true. It’s for container yards outside the harbor district.
Upward of 2,000 empty containers are being sent to LA, potentially creating more burden on the congested port.
It’s no coincidence that spiking trans-Pacific trade coincides with more boxes overboard and more shipping accidents.
It costs roughly $7 million to charter a vessel, but avoiding congested ports may be worth it for some big companies.
The number of idling vessels has roughly doubled in the past decade, in part due to port congestion, a recent study finds. Idling vessels are at higher risk of biofouling, especially in warm waters.
Ocean cargo shippers are paying more than they ever have before for the worst service they’ve ever experienced.
The Port of Los Angeles had its busiest September ever, while Long Beach had its second busiest.
California port congestion is as bad as ever. Some imports have been stranded offshore for over a month.
Several large retailers are pledging that in less than 20 years, they will ship goods across the ocean without emitting greenhouse gases. Some environmental groups say that’s not soon enough.
Port volumes across the Gulf Coast were boosted in September by exports of petroleum and steel and imports of refrigerated cargo.
Barbara Melvin will succeed Jim Newsome at the helm of South Carolina Ports next summer and will become the first woman to lead a top-10 U.S. container port.
The ocean shipping boom is spreading across vessel types. Spot LNG shipping rates just topped $150,000 per day.
Some are questioning President Biden’s pick to lead the Maritime Administration for a lack of commercial shipping experience.
The Biden administration is pushing industry to take immediate and long-term steps to get ports and intermodal transport working smoothly.
More public shipping companies go private as IPOs remain rare. Here’s why exits outpace new listings.
A top Biden administration official believes securing data among supply chain competitors will be the key to rolling out a nationwide 24/7 strategy.
For the time being, two ocean services will not call Georgia’s busy Port of Savannah.
Liner deals in the ship-leasing market imply strong confidence in high freight rates for the foreseeable future.
The transportation industry needs to transition to cleaner fuels to keep global temperature rise below 1.5 degrees Celsius. Green hydrogen-based fuels have potential to decarbonize shipping, aviation and long-haul trucking, according to recent reports.
Supply chain constraints are keeping a lid on freight volumes while rates continue to reach new highs, according to September data from Cass Information Systems.
“The growth we’re seeing is not artificial, and the movement of loaded and empty containers is up, for both exports and imports.”
Big-box retailers, FedEx and UPS have detailed plans to speed up container processing at the ports of Los Angeles and Long Beach.
Ahead of talks with President Biden, the ILWU is calling out foreign carriers’ focus on profits as a hurdle to solving supply chain disruptions.
As America struggles with a growing supply chain crisis, ocean carriers rake in even more profits.
“By investing more than $2 billion in port infrastructure in recent years, we have the capacity to handle the influx of imports we are seeing today,” says SCPA CEO Jim Newsome.
‘We have one of the world’s greatest waterway networks, but we are barely using it.”
Pullback in trans-Pacific shipping rates: beginning of the end or brief reprieve with end still not in sight?
“This record result was achieved despite severe congestion around the network,” says the Hong Kong ocean carrier.
Despite Ikea’s many climate-related goals, Ship It Zero is calling out the Swedish retailer and other major players such as Amazon and Walmart via “die-ins” to highlight shipping emissions’ impacts on human and environmental health.
New forecasts from the National Retail Federation call for retail imports to stay high through at least February.
Cost of fuel consumed by container ships, bulkers and tankers is effectively at a seven-year high.
The German titan reports solid performances from its Express, Forwarding, Supply Chain and eCommerce units
Yes, despite the headaches, the ocean carriers are making boatloads of money.
Officials say a proposed inland port near where the Mississippi and Ohio rivers meet will have ample capacity to serve Midwest customers seeking export access via barge, rail and truck.
If you thought President Joe Biden would quickly reverse Trump’s controversial trade policy toward China, guess again. U.S. importers aren’t happy.
Captured carbon dioxide and green hydrogen are combined to make e-methanol. Sweden-based Liquid Wind has big plans for this alternative shipping fuel.
The ongoing supply chain crisis and lack of seafarers is leading to a global shortage of key commodities, Salvatore R. Mercogliano, an associate professor of history at Campbell University, told FreightWaves’ Anthony Smith at the virtual OceanWaves Summit on Wednesday.
Ports around the world often suffer from digital communication blackouts, inhibiting the real-time tracking of trade flows.
Shipping Asia-U.S. via regular ocean service and rail? “I would bet your goods will not arrive in time for Christmas,” says Flexport’s Nerijus Poskus.
FreightWaves’ Anthony Smith talks about the ways shippers are building reliant supply chains with Nate Shutes, VP of global fulfillment and logistics at Blu Dot, during FreightWaves’ OceanWaves Summit.
NYSHEX can help untrusting shippers and carriers find common ground to improve contract performance.
Ports and inland transportation connections are choking on ocean imports. A top economist says don’t blame ocean carriers.
The NS terminal will serve “strong growth in the Louisville intermodal market.”
Amazon aggregator Perch’s international transportation manager John Esborn explains how the company secures shipping capacity during FreightWaves’ OceanWaves Summit.
Los Angeles is at the front line of the port congestion crisis. Its executive director outlines his strategy to clear anchorages.
“If I’m optimistic, you’re looking six months into the future” before congestion and capacity challenges start to subside, says Vespucci Maritime CEO Lars Jensen.
How will public view ships anchored off Los Angeles/Long Beach if one of them is tied to Huntington Beach spill?
Capesize bulkers haven’t earned this much since 2009, and freight futures just made “monstrous” move up.
The Sustainable Shipping Initiative’s recent report on marine fuels urges the inclusion of all aspects of sustainability, such as air quality, human rights, water, social equity, land use and of course, greenhouse gas emissions.
Third-party logistics provider Unique Logistics filed for a public offering, which is expected to raise at least $35.5 million in net proceeds.
There are two ways to transport goods overseas: ocean or air. Port congestion and shipping delays are forcing companies to shift to faster air transport, which releases more emissions, costs more per unit and has its own capacity constraints.
With no end in sight for global supply chain crisis, importers warned to brace for high costs throughout next year.
According to customs data, the share of empty exports to total exports leaving the Port of Los Angeles is up over 10% and leaving at a faster rate compared to pre-pandemic levels.
FreightWaves founder and CEO Craig Fuller analyzes inflation in the supply chain.
Containerized exports continue to struggle but overall, U.S. exports are rising. Sales are at record levels for some commodities.
