NYSHEX, carriers push for more binding ocean shipping contracts
As NYSHEX expands and Maersk Spot nears U.S. approval, ocean transport contracts could become more binding.
As NYSHEX expands and Maersk Spot nears U.S. approval, ocean transport contracts could become more binding.
Georgia Ports Authority heralding performance before the month is done.
For DHL Global Forwarding, the coronavirus pandemic is no excuse for the ocean freight industry to neglect sustainability initiatives in the supply chain.
French shipping giant says in a tweet expected some 24 hours earlier that all maritime and port operations are functioning normally.
Insight Partners’ investment will allow PayCargo to build new online freight payment services and tools for shippers, 3PLs and transportation providers.
The French shipping giant’s network is down.
Marine fuel prices are down 30% year-on-year despite the IMO 2020 regulation.
Executive Director Gene Seroka shines spotlight on trade gap on “Squawk Box Asia.”
French ocean carrier CMA CGM is diversifying into a multi-modal transport and logistics company, dipping its toe into the air cargo market after buying a huge third-party logistics company last year.
Shipping channel widening is expected to begin next year.
Good luck finding an available aircraft to haul your goods at a reasonable price for the next three months. Competition for airlift is fierce these days. Find out why.
The Ocean Carrier Equipment Management Association says the Federal Maritime Commission’s jurisdiction does not apply to a domestic transport dispute with container-hauling truckers.
South Korean carrier announces opening of fleet control center but doesn’t open up about sailing plans.
Bullish signal: Strong demand for box equipment extends into 2021.
The Jacques Saadé is the first of nine vessels designed to reduce CMA CGM’s environmental footprint.
Earnings reports from retailers show a clear shakeout between winners and losers.
Bias-ply tires persist within the nation’s container chassis fleet, but equipment providers vow that their days are numbered with the ongoing switch to radial tires.
Analysts point to upside prospects for container-ship stocks as charter rates rebound.
Naval architect says the release of 1,500 tons of ballast left the ro-ro vessel without the needed energy to make a turn leaving the Port of Brunswick.
Ocean shipping stocks remain mired in a sea of red. A bad year is getting worse.
Northwest Seaport Alliance CEO John Wolfe is encouraged by an increase in imports so far this month.
Port of Brunswick pilot recounts harrowing moments when car carrier tipped over.
Newly released case study says gateway’s work could become model for other Canadian ports
Campaign to end cargo-related accidents continues with flow of information in multiple languages.
China could decide enough is enough if trans-Pacific rates rise too high.
“China and tariffs: Why COVID has actually increased cargo yields” was the topic of a virtual fireside chat at the American Shipper Global Trade Tech Summit.
Retail giant will be the first tenant in the port-owned Ridgeville Commerce Park.
New Panjiva survey reveals extent of coronavirus fallout on global supply chains.
Gene Seroka says the “disruption and breakdown of the global medical supply chain” during the COVID-19 pandemic highlighted the need for change in the maritime sector.
There were no balloons or cake when the Port of Los Angeles announced its record-breaking August volumes.
The deal comes amid wider efforts from both companies to expand their reach and increase supply chain efficiency.
The Malaysia captain and crew followed instructions from the Coast Guard in the rescue of four people aboard the sailboat Yes Dear.
“Our August volumes surpassed expectations, reflecting the best year-over-year month since the pandemic began impacting global supply chains in March,” says SCPA President and CEO Jim Newsome.
Changes with significant impact on rail customers are taking place across New England.
The National Customs Brokers and Forwarders Association of America said its members are tired of ocean carriers charging them hundreds of dollars over their service contract rates.
The 15,072-TEU CMA CGM Brazil earns the honor as the biggest container ship to call the East Coast.
Technical difficulties plague the first day of a livestreamed hearing conducted by the Coast Guard.
Amid talk of more floating storage, Kpler data reveals most of round-one storage volume is still on the water.
COVID-19 may have disrupted supply chains but not the U.S. Federal Maritime Commission’s regulatory and policy focus on ocean container shipping, FMC chairman says.
Katharina Rath will be tasked with driving German logistics giant’s “global transformation process.”
Hyster introduces newest double-empty container handler to marine terminal and intermodal rail yard operators.
As prosecutors rack up guilty pleas in 2019 case, more coke crosses via ship from South America to Europe in 2020.
Ro-ro vessel remains on its side awaiting dismantling and removal off the Georgia coast.
Iowa transportation company Travero plans to open a multimodal cross-dock operation by next September.
More than 20 years of investment and dedication to the U.S. wind energy industry pays off for Anderson Trucking Service even during the worst of times.
Shipping line works with APM Terminals Mobile, the Alabama State Port Authority and Team Rubicon to get 36,000 pounds of needed goods to the people of Louisiana.
New ocean container floor design developed and tested by the Institute of International Container Lessors over the past 10 years reduces wood use by up to 45%.
Just over a month after a massive explosion killed nearly 200 people, Lebanon’s capital city again filled with choking smoke
Information sharing is part of Executive Director Gene Seroka’s quest for more efficient operations.
U.S. importers now paying three times more per mile than Europeans for transport of Chinese goods.
On-time deliveries are more complex than knowing exactly when a container will arrive at a port.
On the whole, deregulation of transportation is beneficial to the economy.
Foreign-flagged tanker receives 225 metric tonnes of LNG at the Talleyrand Marine Terminal in Jacksonville, Florida.
After decades of safety improvements, a deadly stretch of casualties for ocean shipping.
ArcBest, Crane Worldwide, Fullen Dock & Warehouse, Grupo TMM, Premier Manufacturing, Southeastern Freight and United Airlines announce promotions and hires.
A.P. Moller-Maersk’s recent announcement that Damco will no longer exist as a separate brand is expected to drive some shippers into the arms of others.
CMA CGM bonds that traded at 55 cents on the dollar in March are now trading near par.
Crude-tanker rates on the benchmark Middle East-Asia run are now deep in the red.
McKinsey warns that global shocks will become more frequent and shippers must improve the resiliency of their supply chains.
Intermodal was supposed to be the growth engine for rail.
Layoffs loom. Maersk maintains changes are not about cutting costs amid COVID, but about improving service.
Direct ChassisLink has added 1,000 new chassis to the Gulf Coast region since its departure from the OCEMA Gulf Consolidated Chassis Pool earlier this year.
You’ll have to hold your nose if you crush a stink bug. More than a nuisance, the stink bug is a destructive pest that can damage many crops. Australia has put tight measures on air and sea freight to keep the bug out of the country.
Canadian Pacific and CN say the deepwater ports are key to gaining market share.
In Alaska, oil and politics (and logistics) mix. Big time.
Delta announces Gil West’s departure, Sterling Transportation reports Cristine Olvera’s arrival and Leadership Florida picks Frederick Wong to join class.
The U.S. Federal Maritime Commission’s Office of Administrative Law Judges is expected to announce an initial decision in this multibillion-dollar complaint against the ocean carriers by August 2021.
Some ships bypass calls at Port NOLA this week, although Port Houston reports no schedule changes.
Hong Kong-based 3PL’s warehouse business suffers from shrinking inventories, but forwarding business saves the day, leading to $109 million first-half profit.
Innovation in the maritime industry relies on top-down mandates that are complicated by multilayered regulatory regimes and compliance requirements.
The pandemic, trade war and a communication gap have muddled implementation of a $10-per-TEU surcharge.
The trans-Atlantic may not be the dominant container market, but it remains dependable for hungry ocean consolidators and forwarders.
The recent death and destruction at the Port of Beirut from ammonium nitrate reminds us that continued carelessness with handling this substance dooms us to repeat history.
The president of Dan-Gulf Shipping said the stolen funds were not a major factor in shuttering the company.
U.S. importers turn to Chinese sellers in the wake of COVID.
Good news: Ocean volumes are recovering from COVID.
Incident management team is assisting in vessel recovery and pollution removal while keeping an eye on approaching tropical storms.
Q2 EBITDA increases 53.7% and operating cash flow jumps 86.9%.
The Port of Montreal is expected to reopen Sunday after longshore workers and employers agreed on a seven-month truce to hash out a new contract.
Fire erupts on the Waymon L. Boyd in the Port of Corpus Christi shipping canal.
Longshore workers and employers have reached a tentative agreement to end a strike at the Port of Montreal.
The American Trucking Associations’ Intermodal Motor Carriers Conference seeks to put an end to alleged price manipulation of container chassis usage between ocean carriers and draymen.
The Intermodal Association of North America said the federal agency’s signoff allows more efficient training and helps recruit and retain equipment mechanics.
Maritime Employers Association announces longshore workers will handle ‘controlled substances and COVID-19-related merchandise.’
“We are going to lose some of the food and pharmaceuticals.”
Top July welcome news amid “devastating effects of the coronavirus on the economy.”
New normal for container shipping: active capacity management and digital spot bookings.
Shipco Transport and its container freight station subsidiary ICT have adopted Vector Software to reduce human contact and on-site paperwork processing as the coronavirus persists.
The Port of Veracruz, one of Mexico’s largest maritime trade ports, has a 100-year concession with an entity called Administración Portuaria Integral de Veracruz.
Executive Director Gene Seroka does not want to break the 15-month record set during the recession of 2008-09.
The campaign is part of a broader effort to prevent the spillage of the tiny pellets during their transport.
Former XPO executive Daniel Walsh succeeds Jennifer Polli, who is credited with leading the chassis provider through “significant transformation.”
COVID-19 could ignite geopolitical clashes and cause “meltdown” in U.S. consumer demand.
Jack Mahoney will take over for the retiring Guy Stephenson.
Taiwanese carrier’s dry bulk business takes a beating.
Will Iran retaliate after America commandeers four Iranian gasoline shipments?
The coronavirus pandemic remains a “major source of uncertainty for the entire logistics industry.”
Asia crude drawdown slashes both the “tons” and the “miles” in the ton-mile equation.
The Port of Charleston reports its busiest July for vehicles handled.
“We’re not doing any victory celebrations because the trade outlook remains unclear as long as the pandemic is with us.”