Maersk’s growing air freight coverage driven by in-house demand There is little demand to be seen in air cargo routes out of Asia, but the aggressive expansion of Maersk Air Cargo connections to the US and Europe points to strong interest from the carrier’s existing customers. Maersk’s growing air freight coverage driven by in-house demand […]
Read More →Falling Asia container rates may be too much of a good thing for US exporters
on June 21, 2023in Industry News
Falling Asia container rates may be too much of a good thing for US exporters There’s growing concern among some US exporters that outbound container spot rates are too low, recalling memories of when unprofitable cargo was left on the docks and service levels fell in parallel with the bottom lines of ocean carriers, writes […]
Read More →US ag shippers look to diversify exports away from West Coast
on June 20, 2023in Industry News
US ag shippers look to diversify exports away from West Coast Even though port congestion has cleared and a longshore labor deal has been reached, ag shippers say intractable problems still plague their ability to move goods easily through the West Coast. US ag shippers look to diversify exports away from West Coast Journal of […]
Read More →Ro/ro carrier Sallaum aims to boost capacity with latest vessel order
on June 20, 2023in Industry News
Ro/ro carrier Sallaum aims to boost capacity with latest vessel order Persistent demand from existing customers and expected growth in global demand for heavier electric vehicles is spurring fresh investment in ro/ro newbuildings from Sallaum Lines. Ro/ro carrier Sallaum aims to boost capacity with latest vessel order Journal of Commerce
Read More →UPDATE: Doyle lands new post after resigning from top job at Maryland Port Administration
on June 20, 2023in Industry News
UPDATE: Doyle lands new post after resigning from top job at Maryland Port Administration William Doyle’s departure after three years, announced to Maryland Port Administration employees Friday according to local news reports, came less than a week after he received three traffic citations. UPDATE: Doyle lands new post after resigning from top job at Maryland […]
Read More →Doyle abruptly resigns from top job at Maryland Port Administration
on June 20, 2023in Industry News
Doyle abruptly resigns from top job at Maryland Port Administration Doyle’s departure after three years, announced to Maryland Port Administration employees Friday according to local news reports, came less than a week after he received three traffic citations. Doyle abruptly resigns from top job at Maryland Port Administration Journal of Commerce
Read More →Green groups challenge claims of ‘massive’ LNG savings by lobby group
on June 20, 2023in Industry News
Green groups challenge claims of ‘massive’ LNG savings by lobby group A report claiming that the lifetime fuel costs of achieving net-zero emissions through LNG will be roughly half those of other fuels does not present the full picture, according to climate campaigners. Green groups challenge claims of ‘massive’ LNG savings by lobby group Journal […]
Read More →UPS Teamsters authorize strike as contract talks enter final weeks
on June 16, 2023in Industry News
UPS Teamsters authorize strike as contract talks enter final weeks The International Brotherhood of Teamsters and UPS say they’ve made progress on non-economic issues, but there’s still heavy lifting ahead for the largest labor pact in the US private sector. UPS Teamsters authorize strike as contract talks enter final weeks Journal of Commerce
Read More →Cadeler, Eneti combine to create $1.3 billion wind installation vessel operator
on June 16, 2023in Industry News
Cadeler, Eneti combine to create .3 billion wind installation vessel operator The merger of wind installation vessel operators Cadeler and Eneti, which already have a combined project backlog worth $1.75 billion, was driven by an expected surge in offshore wind farm projects through 2030, Cadeler CEO Mikkel Gleerup told a webinar Friday. Cadeler, Eneti combine […]
Read More →Louisiana governor aims to restore funds for new Port NOLA terminal
on June 16, 2023in Industry News
Louisiana governor aims to restore funds for new Port NOLA terminal Louisiana’s state legislators made a surprise cut to funding the Port of New Orleans planned to use for the design and planning of a new $1.5 billion mega-terminal. Louisiana governor aims to restore funds for new Port NOLA terminal Journal of Commerce
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