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.
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.
DHL Express is investing around the world in its international parcel network. A bigger Paris hub means faster package delivery.
A cargo jet made an emergency landing in the ocean off Oahu this past summer. Investigators are now going to pull the wreckage off the ocean floor.
More air cargo operators are interested in flying the Airbus A330 as a converted freighter and Israel Aircraft Industries has jumped in to produce them.
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.
Air cargo is booming, but the pandemic set back international passenger airlines by seven years or more by several metrics.
Containerized exports continue to struggle but overall, U.S. exports are rising. Sales are at record levels for some commodities.
Airlines put many aircraft into a deep sleep to ride out the pandemic slowdown in business, but storing and reactivating them involves a lot of resources.
Air Canada will be able to handle more COVID vaccines, lobsters and other perishable products after it builds out a refrigerated airport warehouse.
They’re baaaack: United Airlines is running auxiliary freighters with passenger planes again after travel demand slumped.
The International Air Transport Association reported strong growth for air cargo in August.
Houston-based Great Lakes Dredge & Dock Co. has been awarded a $139 million contract to work on the third phase of the Port of Corpus Christi ship channel improvement project.
The Canada Pension Plan Investment Board has agreed to become the owner of the largest U.S. terminal operator, Ports America, in a deal with Oaktree Capital Management
A big ocean container line is buying big cargo jets from Boeing.
The organizations are asking the heads of government to take “swift action” lifting fragmented travel rules and getting vaccinations into the arms of the manufacturing and logistics workforce.
Freight Farms is turning shipping containers into productive farms that require only 5 gallons of water per day.
Dead spots are plaguing the flow of trade within the nucleus of their port bubbles. One wrong step at the Port of Los Angeles and your cellphone call could drop.
The East Coast ports of Savannah and Jacksonville are adding more container capacity amid long-term plans to serve as an alternative to West Coast ports.
Boeing is beefing up its ability to convert older 767s for dedicated cargo operations with new production facilities in China.
Port Houston officials said they successfully defended the port against an attempted hack in August and “no operational data or systems were impacted.”
High-tech manufacturer Enovix is not outsourcing production to Asia, unlike many predecessors. Its assembly line arrived in California on a giant plane.
As some Chinese factories go dark, more delays for container imports but bullish sign for coal, LNG and oil shipping.
Costco is going boating. Unwilling to wait for space on commercial vessels, it is now renting its own ships to haul exports from Asia.
Trans-Pacific traffic snarl is bicoastal: More container ships waiting off Shanghai and Ningbo than Southern California.
Nike shoes may symbolize speed on the track, but its business has been slowed by shipping and production delays.
Can collecting carbon dioxide from ambient air combined with renewable energy create a cost-competitive, scalable, carbon-neutral fuel? Maersk is betting on it.
Worldwide Flight Services announced Friday it has acquired Pinnacle Logistics, a provider of cargo-handling services for the aviation market across the U.S.
Port of New Orleans recorded mix results during August, which officials attributed to global supply chain issues.
Canada Border Services Agency officers back a deal that will bring a new four-year contract with additional pay. But there’s one catch: The retroactive agreement expires next year.
FedEx doesn’t operate any 747 freighters itself but is hiring Atlas Air to use jumbo jets on its behalf.
Green shipping technology and fuels are costly and could remain that way until economies of scale and innovation advance — something that many shipping companies say will require government regulations.
Mammoth Freighters plans to produce 777 passenger-to-freighter conversions. A new deal makes it more mammoth.
One of the largest container terminals in Southern California is testing a system for 24-hour cargo pickup.
Southern California ports would need two weeks with zero vessel arrivals to clear logjam — but the ships keep coming.
CEO Tim Strauss and Amerijet’s board kiss and make up. He will continue to run the company.
Port Houston saw a spike in imports and exports of steel and imports of general cargo during the month.
Dry bulk shares suffer double-digit declines, with tanker and container stocks also caught up in the sell-off.
Air-truck service via Toronto is faster for some logistics companies than booking shipments direct to O’Hare, where delays are mounting.
Supply chains are melting down and the ports of Los Angeles and Long Beach are taking steps to ease truck delays.
A National Labor Relations Board judge ruled the International Longshoremen’s Association cannot force the use of union labor at the Port of Charleston’s new Leatherman Terminal.
Ports across southeast Louisiana jointly submitted a request to President Joe Biden for federal aid.
Liner profits still rising: second half looks stronger than first and Deutsche Bank sees even higher earnings next year.
The port recently added more Asia vessel calls as more shippers seek uncongested gateways servicing North American markets.
Western Global Airlines is a midsize cargo carrier that can’t grow its fleet until the U.S. DOT lifts conditions placed on startups.
Supply chain crisis deepens as more imports snared in historic ship queue off Los Angeles/Long Beach.
A union that recently wrested allegiance of pilots at Cargojet away from a competing union now says the company fired some members for their organizing activity.
Ocean carrier detention and demurrage practices will be the target of an upcoming proposed rule from the Federal Maritime Commission.
Atlas Air pilots are peeved that an outside arbitrator jammed a new labor contract down their throat. Union says many are threatening to leave.
“The NTSB determined the probable cause of the capsizing of the Golden Ray was the chief officer’s error entering ballast quantities into the stability calculation program.”
The Department of Transportation seeks “practical solutions” from the freight industry to alleviate container shortages and supply chain chokepoints.
DHL Express is one of Atlas Air’s biggest customers. It just renewed leases for 20 planes.
Container ships named The Brady, The Belichick and The Gronk just sold for six to eight times their purchase price, spurring a nine-figure payday.
August was a record month for the Port of Virginia in Norfolk, and the trend of higher year-over-year volumes could persist through the rest of 2021 as peak season approaches.
The Ever Ace is at nearly 24,000 TEUs, but ports may not be able to handle that much capacity.
Nicholas made landfall as a Category 1 hurricane in Texas Tuesday morning, bringing high winds and torrential rainfall.
Dry bulk and LNG shipping stocks now at 52-week peaks with container stocks not far from the top.
A messy leadership change is underway at all-cargo airline Amerijet.
U.S. agribusiness exporters claim they are poised to lose 22% of sales due to massive increases in container shipping rates.
Container terminals will cease ingate operations and remain closed through Tuesday morning.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Slync.io launches integrated strategy for ocean containers; chip shortage continues to impact Mexico’s commercial truck industry; automotive parts supplier invests $102M in Mexico expansion; and Aeronet Worldwide opens operations in San Antonio.
National Tree Co. tells American Shipper it is warning customers not to sit on their wallets until Black Friday because the items they are coveting might already be sold out.
Demand for container ships is so extreme that some operators are paying unprecedented sums to rent them.
Two of China’s main ports are preparing for the arrival of Typhoon Chanthu, which could slam Taiwan first.
Used Airbus A321s are getting a second life in the cargo arena. More companies are jumping in to do the modifications.
Mammoth Freighters has deep pockets and ambitious goals for selling converted passenger planes for cargo operations.
An FMC advisory committee has been formed amid ongoing shipper complaints of carrier market power abuse.
In unprecedented move, CMA CGM unilaterally halts rate increases until February amid rising global supply chain chaos.
The Port of Long Beach has broken monthly cargo records 13 of the past 14 months.
The Vancouver transload facility will primarily handle fast-moving consumer goods and auto parts.
In the pandemic era, passenger travel can be especially fickle. Air Wisconsin will try its hand at cargo so it has more revenue opportunities.
The maritime meeting among trade partners comes as container shipping remains hot.
Maersk is adding bio-methanol to its portfolio of green marine fuels after making e-methanol and methanol-powered vessel agreements in August.
Port of Los Angeles Executive Director Gene Seroka has been named the 2021 recipient of the Containerization & Intermodal Institute’s top honor.
The AN-225 is not your average plane pull. It’s the biggest plane in the world and doesn’t budge easily.
Reducing risk from natural disasters, disease and terrorism is an important goal, but doing so shouldn’t paralyze economic activity.
Deputy U.S. Commerce Secretary Don Graves joined port officials to discuss the importance of trade, infrastructure funding, lowering tariffs and job creation in Washington state.
Back at FreightWaves after a more than monthlong fight against COVID, I thank CEO Craig Fuller for moving the F3: Future of Freight Festival online.
Automotive trade platform TRADE X has acquired vehicle export specialist Techlantic after raising $45 million over the summer.
Plans for the Louisiana International Terminal call for a 350-acre container facility capable of handling 2 million twenty-foot equivalent units annually.
Port officials are still assessing Hurricane Ida’s impact, but initial reports indicate no major damage to the facilities.
Most all-cargo carriers that buy used passenger planes rebuild them for heavy cargo. Easter Airlines has a quicker, cheaper idea.
The port and the Texas General Land Office announced an agreement to develop infrastructure to capture carbon dioxide produced during oil and natural gas development.
New details on record 2019 cocaine haul aboard MSC Gayane — which may not have been the first run — as U.S. wraps up convictions.
Halloween is among the most popular holidays in America, so the horrific congestion this year is no treat for the nation’s supply chain.
Amazon Air’s rate of growth is amazing. It will soon have 80 aircraft moving e-commerce shipments for business and residential customers.
Virginia’s competitive advantages: a naturally deep harbor, semi-automated terminals and its own, newer chassis pool.
Digitization can alleviate supply chain glitches, but it depends on systems that talk the same language.
