Thousands of crew members are stuck on board their ships due to COVID-19 restrictions. Learn more in Darren Prokop’s commentary.
Developed by A.P. Møller – Maersk and IBM two years ago, the neutral platform was publishing 2 million events per day within a year and a half.
An analysis of daily traded values and volumes of tanker and dry bulk stocks.
World’s largest container shipping line is “committed to a carbon-neutral future of transport and logistics.”
The expectation that North American consumers will help drive intermodal traffic comes as the railway’s second-quarter volumes were hit by the coronavirus pandemic.
OffPeak praised for enabling Southern California distribution centers to operate second shifts.
The coronavirus’ whipsaw effect on the global supply chain took a toll on Kuehne + Nagel during the first half of 2020, but without a rapid internal response the hit would have been far worse, CEO Detlef Trefzger says.
Ridgeville, South Carolina, facility will create more than 1,000 jobs.
Will tanker sector see summer lull or more action ahead?
Transship partners with Loadsure to deliver pay-as-you-go, wraparound insurance coverage for all perishable goods.
“Tom Hanks’ work throughout his career reflects a deep respect for those who serve.”
A new interview with AgTC’s Peter Friedmann on how China COVID fears affect U.S. food exports.
vailable cargo space on outbound aircraft from China is starting to become scarce again. Shippers better hurry to lock up reservations for the late summer and peak season.
Operational lower level essential to movement of goods and economic recovery.
“Employer groups should not play American ports against one another,” says longshore union leader.
Total number of TEUs moved in June down 17.1% year-over-year.
U.S. shippers importing cargo from Asia are getting some price relief.
The U.S. Federal Maritime Commission enters “phase two” of its fact-finding investigation into COVID-19 impacts on container shipping in the Port of New York and New Jersey.
Top Ships, Seanergy, Castor and Globus tap equity markets to buy vessels.
CEO Jim Newsome optimistic about economic recovery in 2021.
A study commissioned by the Coalition Against Bigger Trucks suggests that modifying federal rules to allow for heavier and longer trucks could result in diverting roughly 25% of U.S. rail traffic to trucks.
Analysis concludes West Coast ports have lost 19.4% of market share since 2006.
Nordic American Tankers is the best stock performer among larger listed ship owners. Scorpio Bulkers is the worst.
‘There is an increasing risk that fatigue and mental health issues could lead to serious maritime accidents.’
Canadian Transportation Safety Board examining ‘rare occurrence’ in Welland Canal.
Even before Hawaii imposed COVID-19 travel restrictions earlier this year, Young Brothers lost money and last year sought a rate increase valued at $13 million from state regulators.
Canceled San Pedro Bay calls more than doubled in the first half of the year compared to 2019.
Most floating storage has yet to be unloaded while delays in China are mounting.
Boost attributed to retailers trying to beat capacity constraints and rate hikes.
International Maritime Organization warns crew change prohibitions during the coronavirus pandemic have led to a growing humanitarian crisis.
Tanker rates haven’t been this strong at this time of year for a half-decade.
Deutsche Post DHL said preliminary second-quarter profits, despite the ongoing COVID-19 pandemic, have it less worried about the rest of the year.
WSC says one-1,000th of 226 million containers shipped each year are lost.
Cause of blaze at the Blount Island Marine Terminal remains under investigation.
Lori Ann LaRocco illustrates the disruption to global trade by profiling what has happened at the Port of Miami since the coronavirus pandemic began.
ITG offers Catapult an extensive database of nationwide drayage rates to complement ocean pricing.
“Optics” are bad but freight pricing doesn’t appear to meet regulatory bar for intervention.
Group of nine container carriers has banded together for digital standardization.
Neptune Orient Lines will be renamed CMA CGM Asia Pacific Ltd.
Challenge to shipping M&A: No one wants to sell in a downturn.
A tip led investigators to the 90 bricks of cocaine weighing nearly 226 pounds.
Danish shipping giant A.P. Moller -Maersk has reached an agreement to acquire Sweden-based customs brokerage to offer increased import clearance services to European shippers.
MARAD Administrator Mark Buzby and Alaska Sen. Dan Sullivan receive Maritime Leadership Award.
Consolidated Chassis Management chief executive foresees an increased requirement for chassis to accommodate rising tide of intermodal container moves as the North American economy shakes off COVID-19.
Total cargo volume is down 7.8% this year because of reduced import demand.
AAL Shipping, an operator of “mega-size” project cargo ships, expects rebound for smaller U.S. import and export project cargoes in 2021, if COVID-19 pandemic subsides later this year.
HTA CEO Weston LaBar says West Coast container ports have suffered a 19.4% loss in market share since 2006.
Global trade fallout from the crew-repatriation crisis has begun — and looks poised to snowball.
Carrier recognizes ‘the importance of digitalization across the shipping industry.’
Work stoppage will impact operations at two port terminals.
Shipboard COVID cases will make it even harder to roll back travel restrictions that block crew changes.
Governments, container carriers and port authorities agree it’s about time communications among them were improved.
Pilot Freight Services, which operated under a national franchise network for decades, now owns 90% of its offices and monitors for future acquisitions.
A language barrier of sorts may be blocking shipping lines and ports from adopting common technology platforms.
E-commerce and coronavirus fallout are buoying container services from Asia to the West Coast.
CIO Claas Matthies is tasked by SAL Heavy Lift with implementing a digital strategy to streamline and improve the financial outcome for one of the most complex forms of ocean transport – project cargoes.
Long Beach mayor taps ILWU officer Bobby Olvera Jr. to serve as commissioner.
HC-130 Hercules aircraft deployed on mission covering a 4,000-square-mile area.
South Carolina Ports Authority adopts financial plan for fiscal year 2021.
Long-term institutional investors still steer clear of shipping shares — with good reason.
The Cuban invasion force was to land under the cover of night to begin a counter-revolution against Cuba’s communist government, but the operation unraveled in hours as the invasion fleet floundered in the Bay of Pigs.
The new class of container ships is part of HMM’s quest to achieve net-zero carbon emissions by 2050.
The Port of Savannah handled the most containerized agricultural export volumes last year among all U.S. ports, according to a national database.
EU e-commerce regulation will bring “one of the most impactful changes.”
For years, exporters and importers have been frustrated by the former U.S. Customs and Border Protection process to withhold their names and addresses in manifest data from the public.
Tanker rates have plunged as predicted. How long until a recovery?
Details surrounding the incident are sketchy as rescuers are dispatched.
Although “Containers Don’t Lie,” the story they are telling may not reveal the entire picture.
Retail stock pickers bet big on tankers. Dry bulk remains less enticing despite rate surge.
By artificially restricting capacity, carrier alliances have engineered rates higher and may book a profit this year.
Roundup comprises elections and selections by Atlas Air, Elemica, Georgia Ports Authority, Hapag-Lloyd, NCBFAA and VeriShip.
The rail-related projects awarded federal grants seek to expand infrastructure capacity in the Midwest, Tampa and Houston.
The container ship helping set the record is longer than the Eiffel Tower is tall and capable of carrying 384 million pairs of shoes.
More forgiving sanctions approach would avoid rate surge seen after COSCO sanctions.
Digitization of forms and the use of blockchain will cut costs and time from the supply chain. Brian Aoaeh writes about those issues in India.
Fiscal-year finish 50,000 containers below plan is forecast.
New court documents shed light on a shipboard drug ring.
TFI International says it completed its acquisition of Gusgo Transport in a deal that adds a small Canadian container trucking and storage company.
Washington State Potato Commission wants you to get fries with that burger.
The U.S. Federal Maritime Commission has rolled out guidance on how the ocean shipping industry can collaboratively improve the flow of containers among ocean carriers, marine terminals, shippers and drayage truckers in San Pedro Bay during COVID-19 and beyond.
New data reveals third-quarter ocean schedules still largely intact — a positive sign on cargo bookings.
Port Logistics operates a 140,000-square-foot refrigerated warehouse at Berth 219.
Ships could be idled as thousands of seafarers refuse contract extensions.
The 1920 Merchant Marine Act authorizes the U.S. Federal Maritime Commission to investigate and penalize foreign governments with ocean shipping regulations that discriminate against U.S. trade.
Reduced number of canceled sailings indicates return of cargo.
On the plus side, the Appalachian Regional Port nearly doubles the number of containers handled.
Clients can help support a hydroelectric power project in China and a forest protection program in Zimbabwe
Institutional sellers offset retail buyers of supertanker stocks.
Lori Ann LaRocco explains why intra-Asian trade is down and its affect on the United States.
Instead of whipping around at 500 mph, a broken Snap Back Arrestor rope simply drops to the ground
Logistics services provider is optimistic about African continent’s global freight potential, despite economic setbacks from COVID-19 pandemic.
Warning sign for tanker investors as US crude exports begin to reverse course.
Averitt, OmniTRAX, Duluth Seaway Port Authority and Port of Newcastle announce appointments
The master has been charged in connection with the overboard loss of 50 containers
TFI International acquiring Gusgo Transport, a small Canadian trucking company specializing in hauling and storing containers.
An exclusive interview with Samir Madani, co-founder of TankerTrackers.com.
The platform moves toward customization based on job function.
Gene Seroka reports worst May in more than a decade, predicts 15% of import cargo won’t return
Three hundred vessels will be equipped to measure and report meteorological data
The World Shipping Council says exemption for ocean container carriers from publishing essential terms of their service contracts with the U.S. Federal Maritime Commission is a step in the right direction.
