Leaving a safer, greener industry
Chris Koch is retiring as chief executive officer of the World Shipping Council in July, 15 years after he was hired to set up what has become the principal […]
Stay Up to Date on the Cargo Shipping Industry
The outbreak of the COVID-19 pandemic had a negative impact on shipping industry growth in 2020. With the world in lockdown, demand for non-essential consumer goods (and the means to ship them) decreased. Shipment of manufactured goods also decreased as factories closed in an effort to slow the spread of the virus. On top of that, China — one of the world’s largest exporters — was at the center of the pandemic, leading several countries to stop trade with the nation altogether.
According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.
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Chris Koch is retiring as chief executive officer of the World Shipping Council in July, 15 years after he was hired to set up what has become the principal […]
Container Analytics with Ben Meyer Two months ago, this column took a detailed look at slow steaming, the practice of adding a vessel to a loop and extending total […]
Leading chassis companies expect “gray pools” by peak season.
Transporting 480-foot lengths of railroad track on specialized vessel means fewer welds.
With hundreds of thousands of containers facing huge delays at West Coast ports in recent months and many companies incurring huge bills for demurrage and detention, a recent 9th […]
Great Lakes vessel operators, shippers seek second large icebreaker for U.S. Coast Guard.
A congressional watchdog agency said the Agency for International Development could do more to assist AGOA countries develop export strategies.
Railroad sees increased volumes in nearly all commodity groups.
Union leader says restricted night operations amount to a “mini lockout.”
No contract talks planned with Pacific Maritime Association Thursday.
With car carrier nearly upright, salvors plan to tow it from anchorage to port.
Timothy E. Marsh, former executive vice president of COSCO’s North America Trade Division, has joined CP as senior vice president of sales and marketing.
New York-based tanker company chose 24-year OSG veteran to lead the company.
U.S.-flag Great Lakes carriers cite a mild December and less ice for their ability to transport 6.3 million tons of iron ore that month.
Carrier will guarantee next-day document delivery to London’s financial district from New York, Boston and Chicago.
The Port of Amsterdam will help with the development of a master plan to renovate and upgrade Benin’s Port of Cotonou.
Improved rail access is seen as key to developing new logistics center.
Agency is also planning a February discussion of environmental issues at ports.
Yusen Logistics Australia has opened its sixth warehouse in Sydney.
The Commerce Department has determined that light truck and car tire imports from China have been dumped on the U.S. market.
Longshoremen are planning rallies tomorrow in Los Angeles and Tacoma.
The carrier dropped a call to Savannah in favor of a new call to New Orleans on its Victory Bridge service.
According to the American Trucking Association, truck tonnage increased 3.5 percent for 2014.
Port says its third busiest year ever is the result of growth in exports, empty containers.
TNT has upgraded its international freight service to Germany by offering guaranteed next-day delivery to all postal codes in the country.
CEVA Logistics has opened a new 208,406-square-foot facility with 30 dock doors in Elk Grove Village, Ill., adjacent to Chicago.
Vessel classification society DNV GL has opened a new office in Nanjing in central China.
The carrier will increase capacity by over 40 percent between the North Atlantic and Puerto Rico.
Automated terminal contends workers do not want collective bargaining agreement.
Workers will try to clear backlog from terminals.
Transpacific Stabilization Agreement’s 15 members plan plan $600 per FEU hike.
Salvors plan to move stricken ro-ro ship to Southampton later this week.
The ocean liner carrier leased two 800-TEU barges for service to Puerto Rico.
A 5.3 percent increase in imports to nearly 2.4 million TEU was reported by the port.
The freight forwarder and logistics provider will expand its network with new centers in Morocco and Kenya.
Agency wants local businesses to get a piece of its spending.
Councilman believes ports have taken “another step closer to a lockout.”
Canadian National Railway Company and Teamsters union agreed on a four-year deal for controllers in Canada.
Two logistics providers joined forces to create Kerry-Puninar Logistics in Indonesia.
Hamburg, Germany-based Hansa Heavy Lift, together with Oaktree Capital Management, has completed new financial arrangements with the banks.
Hoegh Autoliners has signed a 10-year contract to call at Port Freeport in Texas.
Seaspan reported there were no injuries or environmental consequences from the grounding of the MOL Express in Tateyama Harbour.
Combined retail sales for November and December were the highest since 2011.
AIIS said U.S. steel exports slid 5.6 percent from October to November, falling below 1 million net tons for the first time since February 2014.
Cargo transported across the Great Lakes by U.S.-flag vessels in December “rebounded significantly,” according to the Lakes Carriers’ Association.
The International Air Cargo Association warned that a new security program for all-cargo planes operating within U.S. territories lacks a “risk-based approach” to its implementation.
The energy and automotive product distributor will call the new corporate division U.S. Gain.
Senator seeks to change the “build America” requirement for Jones Act ships.
Third-party logistics provider will soon be ready to deploy new technology that helps to reduce the handling of large, but fragile wind turbine blades.
Draymen and beneficial cargo owners are shouldering burden and cost of congestion.
Bulk shipping group issues warning after sinking of Bulk Jupiter.
American Great Lakes Ports Association and Canadian Chamber of Marine Commerce said investments in the Seaway came from both the public and private sector.
Rail company saw strong growth in domestic intermodal.
IAG Cargo, the joint air freight operation of British Airways and Iberia, has added San Francisco to Cargo Connector service.
The global shipper said customer growth motivated the expansion of three facilities in Germany and the Netherlands.
The DOT encouraged states to apply for the annual CVISN and PRISM grants, designed to further safety technology.
U.S. exports were $272 million last year; trade group says ban is unwarranted.
Andrew J. Zarauskas, a New Jersey resident, has been sentenced to 33 months in jail for illegally importing narwhal tusks and money laundering.
The Coalition for Transportation Productivity reports the record low is the result of ‘targeted truck weight reform.’
Permit allows waiver from emission control area requirement as scrubbers installed.
Salvors began working in Tateyama harbor to free the grounded MOL Express.
Bad weather has hampered efforts to right the grounded car carrier.
The non-vessel-operating common carrier subsidiary of Europe Cargo BVBA, Trans Ocean Pacific (TOP), has been absorbed into its parent.
The terminal was renamed after being purchased from APM Terminals in November 2014.
U.S. Transportation Department Chief of Staff Sarah Feinberg has been appointed to acting administrator of the Federal Railroad Administration.
Tonnage at the port was down overall, despite high volumes at specific terminals.
Throughput for the Seaway reached 40 million tons in 2014.
The terminal operator ordered 16 new rubber-tire gantry cranes.
Dynamar says fuel savings may not offset cost of extra ships.
Port Tracker report says imports rose 6 percent in 2014 at a dozen major container ports used by retailers.
North America’s largest chassis leasing firm not expected to change direction after sale.
Driver cards on Teamster representation being counted today for STE.
Container carrier benefited from volume growth to Hawaii and Guam and lower fuel prices.
Analyst says salt is a good backhaul cargo for carriers moving aggregate.
The State Highway Administration opened 39 new truck parking spaces at the Howard County rest area.
The formation of the U.S. Agriculture Coalition for Cuba follows the recent announcement by the White House to lift long-held trade and travel restrictions on the Caribbean island country.
The ocean liner shipper promoted David Arsenault to top spot.
The shipping carrier expanded vehicle operations in Mexico with purchase of Carlogistics.
Three more of the giant turbines, bound for new nuclear power plants, are expected this year.
Icelandic shipping line Eimskip says Jac. Meisner had annual sales of $8.8 million.
The ocean liner carrier has also opened a consolidated operations center in Houston.
The company’s newest intermodal drayage facility is its first in North Carolina.
Salvage plan is still being developed for Hoegh Osaka.
Logistics company began its first 53′ intermodal service between Chicago and Silao.
Agriculture shippers say new contract must have ‘improvements in port operations.’
Freight forecaster reports Class 8 truck orders for North America exceeded 40,000 units for the third consecutive month.
Two carriers announce GRIs effective February 1 for several trades.
Feds announce that they will assist ILWU and PMA in contract talks that have been going on since May.
The port says terminals may extend hours for another month to deal with pre-Lunar New Year volumes.
Sea Star Line will operate the LNG-fueled ships between Jacksonville and San Juan, Puerto Rico.
The railway company will begin road testing on its first publicly funded, emissions-friendly locomotives.
The French-owned ocean liner carrier and the integrated logistics group Multiparques will develop joint logistics facilities in Lobito.
ILWU says it may take between eight to 10 days to unload a ship because of limits on longshore hiring.
Hoegh reports that the entire crew is safe and that there is no resulting pollution or obstruction to navigation.
The PMA said it will limit the number of longshoremen hired to unload ships.
November imports declined by more than 18%, settling at 3.63 million tons.
Contractors also get six month extension in dispute over basalt quality and concrete testing.
The U.S. Transportation Department issued a rule requiring U.S. airlines to accept musical instruments as carry-on or checked baggage on commercial passenger flights.
Panama Canal board gives green light to 5 million-TEU terminal; project goes to national assembly.
The Office of the U.S. Trade Representative released its annual report to Congress on the status of China’s compliance with its World Trade Organization membership obligations.