Container Shipping

Drugs valued at more than $411 million are offloaded at Port Everglades, and the new Long Beach bridge shines bright.

Chances slim for 2021 shipping equity offerings, but a container-liner IPO prospect remains on the table.

Drayage provider ContainerPort Group announces intermodal terminal operator FSI Inc. will start operating under the CPG banner at the beginning of the year.

Container imports far exceed sales, raising concerns that 2020’s transport binge could lead to a big headache in 2021.

“Sharing this information is highly beneficial for the supply chain, especially as we cope with both seasonal and unanticipated peaks and valleys in cargo volume,” says Executive Director Mario Cordero.

The Agriculture Transportation Coalition is grateful to the Federal Maritime Commission for its support of American shippers.

B2B orders can be fulfilled on one site rather than switching to a logistics provider’s platform, Freightos says.

Using artificial intelligence to cull insights from freight transportation’s massive amounts of data can not only encourage safe environments, It also has the potential to improve productivity and efficiency, as well as provide supply chain visibility that benefits all stakeholders, says a tech executive.

Will your cargo ship arrive on time? Globally, the chances are now 50-50. In the Asia-U.S. container trade, it’s less than one in three.

CN has partnered with other organizations to develop a plastics resins export facility in Alabama near the Port of Mobile. The facility will open in late 2021.

Container flows into U.S. ports have grown faster over the past three months than they have at any other time in the past decade.

Removal of dislodged containers is expected to take more than a month, and none of the 1,816 units that fell into the Pacific have been recovered.

“In November, 50 of the 88 vessels coming to Los Angeles first went to anchor and averaged two and a half days there.”

Vaccine distribution won’t delay deliveries of your Honey Baked Ham and toilet paper, says CNBC’s Lori Ann LaRocco.

The Port of Los Angeles is still working to get toys to retailers’ shelves in time for Christmas.

Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards and leasing companies?

Empty containers returning to Asia jumped 55% to 283,563 units.

CN joins other Class I railroads in courting automotive and container shippers in the Upper Midwest through this latest offering.

“Additional stress on an already-overloaded system tends to further destabilize the system.”

The all-time best month tops the mark set in just October.

The trans-Pacific surge will persist through Q1 and January could see all-time-high container volumes, predicts Flexport’s Nerijus Poskus.

“This is one of the most difficult seasons we’ve been facing trying to move our cargo out of the United States,” says a California almond producer.

“We’ve had to add on logistics support staff for appointments, to take pictures of the long lines.”

“We’re able to reach virtually 100% of our customers in Florida overnight from Jacksonville, which was a real selling point for us,” says aftermarket auto parts retailer.

Trans-Pacific spot index rates haven’t budged from the same peak band for the past 10 weeks. How is this possible in a competitive free market?

Trade group representing drayage drivers calls the move “huge”

The state of customers’ freight remains unknown as inspection of the 14,052-TEU vessel begins.

CEO Jim Newsome calls Walmart’s $220 million investment a signal that SCPA is “prepared to be a force in retail distribution.”

E-documentation initiative establishes data and process standards for bill of lading preparation and issuance.

Sixty-four missing containers carried liquid ethanol, batteries and fireworks.

Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.

There will be no letup in booming container imports in 2020. The only question now is how long it lasts into 2021.

Bill Freidel of AIT Worldwide Logistics expects 2021 to be another challenging year for freight as the COVID-19 vaccine is prepped for release. He encourages logistics companies to invest in cold-chain technologies and continue to meet customer expectations.

The pandemic is driving people to drink more. Bulk ocean shipments of wine in flexitanks are up 30% this year.

First, Spire collects the ship-movement data from orbit. Then algorithms use that data to reveal the patterns of global shipping.

Surviving cargo that was bound for the U.S. now is headed back to Asia.

CP will serve Hapag-Lloyd at the New Brunswick port through 2025.

Regardless of a transport or logistics manager’s objectives, the digital age name of the game is to estimate the dollar savings provided by an application like this.

Panama Canal congestion is not impeding transits of container ships but it is pumping up spot rates for LNG and LPG carriers.

The total market capitalization of U.S.-listed ocean shipping stocks has plunged 34% in 2020, but there are reasons for hope in 2021.

The feel-good story appears above Cardi B’s party apology.

The $229 million deal comes as CAI International seeks to focus on its containing leasing business.

Transportation PACs offer a way for trade associations — and the smaller companies they represent — to have a political voice, proponents say.

Hapag-Lloyd and ONE chief executives will lead the “unified voice of liner shipping.”

Bulk soybean and corn exports are way up, but containerized ag exports are waylaid by equipment shortfalls and Chinese inspections.

“While COVID-19 has fundamentally shifted how many American families will celebrate Thanksgiving this year, we are very proud to be providing a bit of home.”

Mirroring bullish comments by Maersk and Hapag-Lloyd, container line CMA CGM reports a strengthening market in the fourth quarter.

CP’s partnership with Maersk is starting early, with the first vessel coming into Vancouver in December versus March 2021.

The railroad has opened a new intermodal terminal in Minneapolis, and service to and from Los Angeles will begin in January.

Weston LaBar is the CEO of the Harbor Trucking Association. That’s the trade group that represents the drayage community in the ports of Long Beach and Los Angeles. On this […]

The facility aims to provide plastics producers with an alternative to the Gulf Coast.

Quick action comes on heels of a call for action by key trade group; Commissioner Maffei says it may not be enough

“Obviously everything with COVID is a learning curve,” says Tom Hughes.

As COVID hospitalizations surge and business restrictions mount, could U.S. importers be overshooting the mark?

Platform is designed to improve efficiency of returning empty containers.

Tight container market, COVID-19 pandemic concerns and sufficient network capacity are among top concerns of some grain shippers.

Net profit skyrockets by more than 2,800% to $144.4 million.

Where we’re seeing the need for ocean freight-related ingenuity, logistics tech companies are beginning to fill the space, but we are far from seeing the full potential realized.

Maersk confirms that cargo demand looks strong through year-end, bucking the usual seasonal trend.

Former Bethlehem Steel plant site at Sparrows Point, Maryland, attracts shippers and 3PLs to build Northeast distribution centers.

Earlier Harbor Trucking Association complaints about fees in Los Angeles/Long Beach now extended to New York/New Jersey; FMC commissioner says some action likely

The London-based maritime market data provider will offer subscribers airfreight indices via partnership with TAC.

Air cargo carrier names Yulia Celetaria health care director and forms vaccine task force.

South Korean carrier turns quarterly $103 million loss last year into $20 million profit this year.

Hapag-Lloyd sees strength until “at least Chinese New Year” and a challenge to “get containers where they need to be.”

No specifics in shipping company’s statement on request for relief from demurrage and detention charges

Gateway remains cautious and braced “for any shocks still to come.”

“The outlook of container shipping still remains clouded in uncertainties over the possible comeback of the COVID-19 pandemic and U.S.-China trade conflicts.”

There are not enough containers in China to handle all the U.S.-bound cargo — and box factories are now sold out into Q2.

Freight forwarder guides customers through online shopping shift and transport capacity choke points.

Partners called on to help ensure the supply chain remains fluid.

The one-two punch of the Pfizer vaccine and Joe Biden’s victory will affect container and tanker shipping in multiple ways.

South Carolina Ports Authority gears up for growth with delivery of ship-to-shore cranes.

The trans-Pacific capacity crunch continues. Container volume that’s either inbound to Los Angeles or stuck at anchorage is surging.

CTA and HTA launch persuasion campaign for relief, say their members got waivers from some carriers last spring

Executives from Horizon Fitness, Estes Forwarding Worldwide and The DDC Group talk during FreightWaves LIVE @HOME about keeping up with the trend of online ordering and home delivery.

Flurry of port activity could point to “growing concerns of future supply chain disruptions.”

U.S.-listed carrier reveals the latest on trans-Pacific holiday rush, restocking, e-commerce spike and port congestion.

A half-dozen basic tips on what drayage truck drivers must consider when picking up a container chassis from a pool.

Expeditors sees drop in air, ocean moves but net income climbs

2020 wins include harbor-deepening funding and Blount Island berth enhancements.

ZeroNorth makes board appointments, and Southeastern Freight Lines promotes a service center manager.

GPA looks to receive board OK next month for initiative.

Ocean Network Express is cautious in its full-year forecast as “future cargo demand is very uncertain” while the COVID-19 pandemic wages on.

Alibaba is challenging Amazon on many fronts, including logistics. It’s now handling import/export operations in South Korea.

Envase Technologies platform will expand its presence in Canada with the acquisition of TMS provider Tailwind Transportation Software.

‘Significant accomplishments’ in 2020 will be followed by game changers next year.

Chassis manufacturer anticipates chassis shortage as COVID-19 subsides as well as desire among pool operators to replace aging units.

Danish third-party logistics services provider’s bottom-line benefits from easing COVID-19 during summer months.

The trans-Pacific market is bursting at the seams as shippers rush in holiday cargoes.

A half-dozen basic physical characteristics of ocean containers should be considered before shippers or their packers stuff them.

What happens next at the IMO will affect oceangoing ship capacity — and freight rates — for decades to come.

Hong Kong-based container carrier moves 1.94 million TEUs during the third quarter of 2020.

More recovery signals: container lease pricing up over 50% versus second quarter, new container prices up 40% year-to-date.

High cost of repositioning reefer equipment is hitting food exporters hard amid ongoing tariff fallout.

German forwarder says acquisition will expand its global business in handling nonhazardous bulk liquids such as alcoholic beverages and edible oils.

State officials were among the guests cheering for the ports’ fiscal-year successes.

ZIM and 2M increase capacity of vessels calling Texas.

JAXPORT is there to help as consumers shift from a shop-till-you-drop mentality to a shop-till-it-drops reality.

The carrier sought relief from commission regulations earlier this month as part of its efforts to recover from a crippling cyberattack in late September.