Port Houston container volume up 25% in April
Container activity was 275,840 TEUs at the port in April, an increase of 25% year-over-year for the month of April.
Container activity was 275,840 TEUs at the port in April, an increase of 25% year-over-year for the month of April.
With the retail inventory-to-sales ratio still falling, U.S. importers are urged to move fast on their holiday import plans.
1974: Administration opposes HR-8193, but House sub-committee gives it an OK. Mountainous Bolivia asks 50% for its ships; others get 100% share of their own trade.
Finding cargo space on aircraft these days is a challenge. Now comes another layer of demand from U.S. fruit growers looking to export from the West Coast.
The capsized roll-on/roll-off vessel has been on its side near Georgia’s Port of Brunswick since early September 2019.
There have been no reported injuries, pollution or cargo losses aboard the vessel deployed on a ONE Atlantic service.
Container rates are in uncharted territory. If demand continues to outpace supply, there’s little to stop them from ascending further.
American Maritime Partnership warns the Biden administration to guard against waiver manipulation by refineries in the wake of the Colonial Pipeline shutdown.
SmartLynx Airlines is leasing passenger aircraft to fly cargo before using them for their traditional role.
“This was by far the busiest April in the port’s 114-year history, outpacing the previous record set just back in 2019 by a hefty 29%.”
The situation for importers is getting even more dire. Already extreme container rates are ascending to even higher peaks.
Amazon planes are shuttling between more than 40 airports in the U.S. That translates into faster e-commerce deliveries by eliminating trucks.
E-commerce spurs a year-over-year container volume hike of 43.6%.
The Biden administration has issued a Jones Act waiver amid fuel shortages and rising gas prices sparked by a pipeline outage.
Alaska Airlines is building back its fleet.
Containers, vehicles and rail moves contribute to a record April for the South Carolina Ports Authority.
Ocean container shipping company CMA CGM has a new cargo airline that’s flying to more places.
A “truly outstanding quarter” lifts net profit from $27 million in 2020 to $1.45 billion this year.
Leasing companies are investing in pre-owned passenger planes that can be converted into freighters, and production companies are stepping up to meet their need.
Danaos will stockpile cash from the current boom and spend it on new ships when environmental regs are clearer.
The Biden administration is considering waiving the Jones Act in the wake of the Colonial Pipeline shutdown.
Airfreight markets around the world are facing serious capacity constraints. Trade growth is overwhelming the physical ability of carriers to move goods and it’s reflected in transport prices.
Trans-Atlantic product tanker rates have spiked, but a quick pipeline restart would curb future upside.
1978: More than a decade ago, someone accepted the measurement given in a manufacturer’s advertisement at face value. The figure has been used since then to compute ocean freight rates on certain chemicals. Who is liable? The shipper or the carrier?
The Air Line Pilots Association has accused the bargaining unit for Cargojet pilots of going along with the company’s effort to weaken new anti-fatigue rules.
Airbus is competing not only against Boeing to sell small converted freighters, but it now has a new U.S. competitor in retrofitting A321s.
Formerly containerized cargoes are being loaded onto bulkers. Box-ship orders are keeping future bulker growth in check.
Exported empties contribute to the Port of New York and New Jersey’s monthly volume record.
China’s potential monopoly over containers and intermodal chassis is the target of an investigation by FMC Commissioner Carl Bentzel.
Tanker execs explain lack of distress sales and scrapping this time around, and why new orders will be more curtailed.
In the next two weeks, only two container ships are slated to berth at the new Leatherman Terminal. Forty are scheduled at the Port of Charleston’s neighboring Wando Welch Terminal.
Aircraft conversion houses tear apart passenger aircraft, then reinforce the walls and floor so they can handle heavy cargo on the main deck. Business is growing along with trade.
Purolator is considered the FedEx or UPS of Canada. The express delivery company has hired an airline to help it move more packages between the U.S. and Canada.
Maersk reveals more details on its shift toward long-term contracts at the expense of spot exposure.
Importers are scrambling as demand sails past ocean transport supply. The numbers paint an ominous picture for cargo shippers.
Cargojet wants a bigger slice of the U.S. e-commerce and heavy air cargo market. It’s looking for an investment opportunity and has identified new trends in e-commerce that will keep volumes high in North America.
he microgeometry of a shark’s skin reduces friction and allows it to move faster in the water. Lufthansa Cargo is applying that same capability to its aircraft to save fuel in a fascinating case of man copying nature.
2001: Several shipping lines are close to ordering the first container ships of 8,000- to 9,000-TEU capacity, but others in the industry are warning of the associated risks.
Silk Way Airlines is flying freighters to Europe, North America, the Middle East and Asia. One of its airplanes may be delivering goods to an airport near you.
COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
The Port of Montreal is a major trade gateway for Canada. The Canadian government busted up a strike by unionized dockworkers and cargo will start flowing again.
Chinese container production still trails torrid demand. Ever Given accident was ‘icing on the cake’ — making box shortfall worse.
Container rates doubling from a year ago is a lesson for port investment, according to Port of Long Beach’s Mario Cordero.
Canadian lawmakers approve legislation to force an end to a strike by Port of Montreal longshoremen.
Now that shipping lines hold the pricing cards, importers must reset strategies, says Sea-Intelligence’s Jochen Gutschmidt.
You may not have heard of Cainiao, but you know parent company Alibaba is the Amazon of China. Cainiao is powering Alibaba’s logistics and recently arranged air transport from Singapore to duty-free shops in China.
Ag letter is the latest in a series of urgent pleas to stop the denial of trade and increased demurrage costs.
West Coast congestion could last into the fall as retailers face stockouts on essential goods, says ocean carrier Matson.
Trans-Pacific container crunch is about to become even more severe, warns Flexport, with May sailings now effectively sold out.
“Both Hapag-Lloyd and USMX were well aware that the work in question would have been handled by ILA members” if the vessel had gone to another port, the International Longshoremen’s Association lawsuit asserts.
Some importers are rethinking how to move their products due to the Ever Given’s “very sorry situation.”
Port of Montreal longshoremen began an unlimited strike on Monday morning, but the Canadian government is set to step in with back-to-work legislation to avert more disruption to the supply chain.
AirBaltic will become a cargo terminal operator at the airport in Latvia’s capital.
Lufthansa Cargo is one of more technologically advanced air cargo carriers. New material-handling systems highlight the overhaul of its main warehouse.
Port of Montreal longshoremen say they will begin a full, indefinite strike starting Monday after their employers moved to change regular schedules.
Cargo congestion has gone from bad to worse at Chicago O’Hare International Airport, forcing importers to wait several days to retrieve shipments and prompting two large logistics companies to migrate […]
Liners are paying historically high rates to charter ships and maximize their exposure to the booming freight market.
Cargo has been the airline industry’s all-star performer since the pandemic began. Profits are soaring, but it’s not enough to overcome huge losses from the travel side.
Evergreen should decide whether to leave the containers on board the vessel or come up with a way to transfer them.
U.S. importers will be paying a lot more for annual ocean contracts this year, but pricing inflation has eased.
“The container shipping industry is currently seeing unprecedented demand, which has led to a shortage of containers all over the world,” says CEO Rolf Habben Jansen.
“We have invested in the right infrastructure at the right time to handle growing cargo volumes and bigger ships,” says South Carolina Ports’ Jim Newsome.
The container ship now is expected to anchor in San Pedro Bay on May 1.
United performed worse in the first quarter than some analysts expected, but the consumer mood has shifted as the economy reopens and United says it can get to breakeven this year on a pretax basis.
U.S. maritime regulators are giving ocean carriers and shippers more flexibility to meet contract filing requirements.
Dry bulk shipping rates are now double to triple five-year averages. Stock prices of dry bulk owners are on the ascent.
Eight missing crew members of a Seacor Marine lift boat are presumed dead.
Hong Kong has finally made it easier for certain airlines to operate by easing some COVID restrictions for pilots. Cargo operators will benefit the most.
1992: U.S. Customs is contracting with a Massachusetts-based company to design and construct an X-ray unit that can examine the cargo inside a standard container in about three minutes.
Silkways West Airlines is a large cargo operator out of Azerbaijan. It recently began flying to Columbus, Ohio.
Savannah’s record March underscores why it’s investing hundreds of millions on new capacity upgrades.
The Teamsters call it a strike, but it is more of a protest. Still, it did garner support from another union on Wednesday.
U.S. ports just booked their largest import hikes in memory, according to The McCown Report.
One more quarter taking its pandemic lumps and then Delta says it will steer out of the COVID vortex and start making more money than it loses.
As longshoremen begin partial strike, here are seven key questions about the Port of Montreal, the labor dispute and what might happen.
Imports into Los Angeles at not slowing down. Can the backlog be cleared before the peak-season swell begins?
Trade and supply chain disruptions are inevitable, so it’s important to take steps to protect yourself.
The Big Twin is the nickname for the Boeing 777 passenger-to-freighter conversion aircraft. It’s big, has two engines and is getting ready for metal cutting.
A giant Russian cargo jet was utilized to bring a special piece of machinery for bottling vaccines from Germany to a new manufacturing plant in the U.S. The equipment could help with the global effort to distribute COVID vaccines.
More than a third of the crew on the MSC Gayane smuggled cocaine in June 2019. The first prison term has just been handed down.
The Biden administration is prioritizing climate and racial inequity in $1 billion worth of RAISE grants for infrastructure.
Air Canada is finally getting a lifeline from the Canadian government, potentially worth up to CA$5.9 billion.
Port of Montreal longshoremen will begin a partial strike after employers moved to stop providing guaranteed minimum pay as labor dispute hits the skids, again.
As cargo shippers struggle, container-vessel companies rake in massive profits. Early signals point to record Q1 results.
Fuel was a nonfactor for airlines and cargo customers during the early months of COVID. Not anymore.
2006: Istanbul-based freight forwarder Advance International has made use of international agency plans to re-establish reliable landbridge routes between the two continents.
Container shipping spot rates haven’t budged from COVID-fueled peaks. Cargo shippers’ hopes for a rate pullback are fading.
DHL Express has added two large freighters to its fleet to bolster service between the Asia-Pacific and the U.S. and Europe, in response to “exponential” growth in shipment volume. The […]
Glimmers of hope for the beaten-down tanker sector: more OPEC+ crude production and more long-haul exports from the U.S. to India.
If you ordered a fire pit or a rowing machine online, there’s a good chance it’s coming through the Port of Long Beach. The port is moving record amounts of containers and shipments are experiencing delays.
Air cargo carriers can barely keep up with demand. International passenger airlines are desperate for more traffic. But the two segments are inextricably linked, for better or worse.
Days after Ever Given backlog was declared cleared, the number of ships waiting to transit the Suez Canal remains high (with video).
Gloom and doom could soon turn to sunny skies for U.S. airlines. It’s another story for international carriers, but everyone is managing heavy debt loads from COVID. Carriers will be more selective about what routes they fly in the future.
“Widely varying” tariff fees charged by container lines have prompted federal regulators to consider new rules.
Pilots at Western Global Airlines are unionizing.
Pearl service customers’ imports likely will be delayed arriving from Asia.
“Our all-time container record reinforces that we are adding more capacity to the Port of Charleston at the right time,” says South Carolina Ports CEO Jim Newsome.
Twenty tons of coke was found aboard an MSC ship in 2019. MSC just revealed that it’s spending $100 million more on security in response.
The air cargo industry quickly pulled together to deliver critical COVID vaccines and PPE last year. The same type of teamwork can be applied to other social needs, such as the environment and diversity, air cargo leaders say.
“Imagine a port where a ship slows down on approach to reduce emissions, plugs into the electrical grid at berth instead of burning fuel to run vital systems and is worked by zero-emissions cranes, yard vehicles and trucks. That’s our reality in Long Beach.”