Maritime

Port Houston reported a 26% year-over-year increase in cargo volume in September.

An overview of Day 1 of F3: Future of Freight Festival.

An overview of F3: Future of Freight Festival and the key speakers.

Declining imports have led to fewer container ships waiting off ports, injecting more capacity into the market, a negative for spot rates.

Supply chain planners will walk a precarious path in 2023, according to S&P Global transportation expert Paul Bingham.

Maersk, a major container shipping line, is set to debut its U.S. air cargo service and has focused its resources on the Chicago area.

Although Hurricane Ian dented volumes at Georgia’s ports, Georgia Ports Authority still saw quarterly volumes grow by 9.6% year over year.

New disclosures by Asian ocean carriers confirm that container shipping lines remain extraordinarily profitable.

Despite reports that U.S. imports are slowing down, South Carolina Ports reported a nearly 11% increase in overall volumes in September year over year.

Port Houston recently ordered 29 container cranes for a total of $106.1 million.

Demand for Asian goods began dropping earlier this year. This is now having a delayed — and highly negative — effect on U.S. imports.

Ocean carriers will be subject to stricter requirements when they charge shippers fees on late containers if a proposed rule is adopted.

Major ocean carriers are likely to survive the ongoing dip in shipping rates. But other companies may soon struggle.

Shipping adheres to a time-honored tradition: When shipowners make exceptionally high profits, they order a lot of new vessels. When those newbuilds are delivered by the yards, it kills shipowners’ […]

Radiant Logistics will restate financial results for 2021 and the first three quarters of 2022, according to a filing with the Securities and Exchange Commission.

CEO Rolf Habben Jansen said the SM SAAM S.A. acquisition is part of Hapag-Lloyd’s strategy to build “a robust and attractive terminal portfolio.”

With war raging and pipelines sabotaged, shippers are paying astronomical sums to transport LNG across the oceans.

A bipartisan proposal increases minimum tonnages for agricultural products exported by the U.S. government.

The ports of Halifax and Saint John in Atlantic Canada seek opportunities to bolster volumes and greening efforts.

BNSF is planning to invest more than $1.5 billion to develop a Southern California facility aimed at easing congestion at the West Coast ports.

Measures of supply chain bottlenecks, cargo transit times, bookings and spot rates are all down, yet inflation remains historically high.

Supply-demand dynamics that supercharged pandemic-era rates are now “exactly the opposite,” says Maersk CEO Soren Skou.

Steamship lines sometimes offer an included chassis for trucking companies. Similarly, non-vessel operating common carriers sometimes offer a chassis program linked to the chassis pools for their carrier partners. While these offers may sound attractive, is a typical “chassis deal” really a deal at all?

Hurricane Ian came ashore in Fort Myers, Florida, just before noon Wednesday. Transportation is starting to feel the impact, with road and port closures in effect.

The Biden administration has approved a controversial Jones Act waiver for Puerto Rico in the wake of Hurricane Fiona.

The EU is going to ban imports of Russian crude and petroleum products. It still has a long way to go to find replacement supplies.

Port officials and carriers prepare for hurricanes and other emergency situations year-round.

The Georgia Ports Authority’s board on Tuesday agreed to spend $60 million on further development at the Colonel’s Island Terminal.

The U.S. Coast Guard has closed three key ports around the Tampa Bay area in anticipation of Hurricane Ian’s landfall.

The G-7 plan to squeeze Russia’s oil profits hinges on the EU revising its own sanctions. Those revisions face opposition.

Mediterranean Shipping Co. is taking to the skies with a new cargo airline, following on the heels of other ocean shipping lines with air divisions.

The hurricane could hit central Florida later this week, causing Tampa-area port facilities to brace for Ian’s impact.

The ports of Halifax and Saint John are taking steps to protect operations as Hurricane Fiona approaches Atlantic Canada.

East and Gulf coast ports handled more volume than ever before in August, pulling far ahead of West Coast rivals.

Retailers are coming together to send demand signals for zero-carbon shipping fuels.

FreightWaves founder and CEO Craig Fuller outlines how FreightWaves SONAR pointed to the global freight recession months ago.

The ports of Halifax and Saint John could be affected by Hurricane Fiona.

The Port of Manzanillo has resumed operations after a 7.7 magnitude earthquake rocked Mexico’s Pacific Coast region Monday.

Container lines are pulling back fast from the ship-leasing market, signaling less confidence in future freight income.

A 7.7 magnitude earthquake rocked Mexico’s Pacific Coast region, where the country’s largest container port is located.

Container shipping rates — particularly from Asia to the U.S. — are still falling hard and show no sign of finding a floor.

Crowley Maritime’s Isla Grande Terminal suffered no significant damage when Hurricane Fiona hit Puerto Rico on Sunday.

The ports at Houston and Corpus Christi, Texas, continue to see monthly cargo growth from oil and steel shipments.

Executive Director Mario Cordero says the Port of Long Beach is “making great strides in reducing the number of ships queuing to enter the San Pedro Bay ports complex and quickly moving imports and empty containers out of the terminals.”

The great chassis squeeze in intermodal transport is not done yet, according to a panel of executives at the annual IANA meeting.

U.S. containerized imports are still near record highs, but not in Los Angeles, where they’ve fallen sharply.

China’s share of all trade growth will drop to 13% over the next five years from 26% over the past six years, a new report from DHL and NYU’s Stern School of Business predicts.

Senior executive says “strategic assets along the supply chain are a key part of Hapag-Lloyd’s Strategy 2023.”

“Right now, shipping companies around the world are looking at this and scratching their heads,” says sanctions expert Bruce Paulsen.

Labor actions are creating great uncertainty for rail shippers in the U.S. and for air and sea cargo in Europe.

Less than 6% of all truckload shipments in the U.S. are currently being rejected.

Tanker stocks are proving to be a shelter from the Wall Street storm as demand grows for ships that transport oil and natural gas.

The Georgia Ports Authority is on track to move a record-setting 6 million twenty-foot equivalent units this fiscal year.

Disaggregation, or a shift toward smaller, faster, more flexible forms of freight transport, can help decarbonize the freight industry, remove logistics bottlenecks and increase resilience of domestic supply chains.

Many of the pandemic-fueled headwinds that have plagued the logistics industry over the past two years are beginning to subside, but U.S. ports are still being slammed with more volume than they can handle on a daily basis.

Spot container rates for U.S.-bound cargoes are falling fast, yet import numbers at U.S. ports remain near their peak.

Shipping volumes are weakening in and out of China. Is this a temporary pullback or a sign of more serious trouble ahead?

Container and dry bulk shares soared last year, leaving tanker stocks behind. This pattern has now reversed.

A slowing eurozone may pull ocean container rates down further.

IMC Companies says its SmartStacks app increases driver productivity and eliminates unnecessary container lifts.

The Georgia Ports Authority says the Navis system “eliminates data silos, improves velocity across our terminals and enables us to more easily integrate with our customers to provide the data and insights they need.”

Container vessels are expected to use auxiliary engines while in port this week to help California’s struggling electric system cope with extreme heat.

The soybean associations say helping offset construction costs of AG Procressing’s terminal expansion at the Port of Grays Harbor will help soybean exporters in the long run.

If the U.S. curbed gasoline and diesel exports, tankers would sail longer distances to replace lost volumes — a plus for tanker earnings.

California’s container-ship traffic jam is almost gone, replaced by stubbornly high backlogs off the East and Gulf coasts.

The recovery of two sunken tugs in Tasmania was a big logistics and engineering undertaking.

Just two supertankers have been ordered in the past 14 months, raising the risk of a future shortfall in oil transport capacity.

The U.S. Justice Department on Thursday blew the whistle on the planned acquisition of a large container manufacturer by a Chinese company.

The Russia-Ukraine war caused demand for LNG to surge. Owners of LNG carriers are in prime position to profit this winter.

A severe typhoon is headed for the South China region, forcing airlines and ports to take precautions and adjust schedules.

The Mojave Inland Port could reduce congestion at the ports of Los Angeles and Long Beach.

Trucking companies want the FMC to require better container storage data from the ocean carriers to speed cargo flow at the Port of New York and New Jersey.

The cost of marine fuels is down sharply from the wartime peak, except for ‘clean’ LNG, which is getting even more expensive.

OOIL reports record revenue but has “legitimate concerns about the impact of inflation and interest rate rises on consumer spending.”

Spot rates on most global shipping routes continue to fall. The trans-Atlantic market is the exception: It’s holding firm near its high.

Ports in Houston, Corpus Christi, Texas, and Mobile, Alabama, continued to see increased cargo volume in July.

U.S. imports accelerated in July, with inbound cargo from China reaching a year-to-date high, according to Descartes.

July was a record month at the Port of Virginia. At SC Ports, July’s volumes were up from June as the Port of Charleston sought to improve port flows.

With East Coast ship queues high, port executive Gene Seroka says: “For cargo owners looking to rechart their course, come to Los Angeles.”

Trans-Pacific spot container shipping rates continue to head lower. Zim appears more at risk than some of its rivals.

Rates and sentiment in dry bulk shipping have fallen hard. Economic pressures in China appear to be a major culprit.

Inland port projects and rail cargo handling facilities are among the projects awarded grants through the Department of Transportation’s RAISE program.

The latest shipping company poised to delist has a market cap of $3.5 billion. The latest new entrant’s market cap is under $20 million.

Federal regulators are considering a congestion emergency order to require carriers to share cargo data with shippers, railroads and trucks.

In this issue: port protests hit Baltimore; Ford’s drone trucks; world’s largest container ship; and do delivery apps deliver to trucks?

Yang Ming summed up its second quarter and the first half of 2022 in about 150 words.

Hapag-Lloyd bookings point to a gradual unwind of the container shipping boom, not a crash.

South Korean ocean carrier HMM expects “downward pressure” on demand growth in the second half of 2022.

DOT officials are calling the start of data sharing among supply chain companies a ‘milestone’ event.

Tankers stocks are doing great. Dry bulk and container stocks temporarily stopped the bleeding. “Maxim stocks” still underperform.

Georgia Ports Authority kicks off the start of its new fiscal year with volumes at over a half million TEUs.

Port congestion and voyage cancellations by shipping lines are preventing a steeper slide in spot container freight rates.

The South Carolina cold chain facility opening next year will handle Port of Charleston imports and exports of proteins, fruits and vegetables.

It looks increasingly likely that war-driven changes to global crude flows will persist for an extended period.

Federal regulators are pressuring carriers at the Port of New York and New Jersey to compensate shippers and carriers for container storage.

NOAA Fisheries aims to reduce whale strikes on the East Coast of the United States with new vessel speed regulations.

Chinese military exercises in the Taiwan Strait will delay shipments. Further escalation could have dramatic supply chain effects.

FreightWaves chats with international trade attorney Ashley Craig about what the troubles in labor talks for both rail and maritime mean for the broader supply chain.

Container shipping giant Maersk sees continued strength in U.S. imports and ongoing supply chain disruptions globally.

The Democrats’ inflation bill pares down ‘Build Back Better’ but includes $3 billion to help ports and terminals cut pollution.