Monthly Archives for May 2024

SC Ports plans full reopening of gates at 5 am Tuesday after ‘software issue’ No cargo pickups or drop-offs took place at Charleston’s marine terminals and the two inland ports on Monday as SC Ports scrambled to resolve the problem. SC Ports plans full reopening of gates at 5 am Tuesday after ‘software issue’ Journal […]

‘Software issue’ closes Charleston, inland ports to truckers: SC Ports Few details are known about the extent of the software problem and whether it impacts only the truck gates or all operations inside the terminals such as ship-to-shore cranes, yard hostler vehicles and container stacks. ‘Software issue’ closes Charleston, inland ports to truckers: SC Ports […]

SC Ports closed to truckers on Monday Drivers will not be able to go into the Port of Charleston or inland ports today. SC Ports closed to truckers on Monday Journal of Commerce

Top 100 Importer/Exporter Rankings: Biggest shippers rise in down year The Journal of Commerce’s annual Top 100 Importers and Exporters rankings show that the largest shippers in 2023 took a larger share of the inbound and outbound markets in a weak year for overall volumes. Top 100 Importer/Exporter Rankings: Biggest shippers rise in down year […]

Quarterly sales slip for major high and heavy ro/ro manufacturers Deere and Caterpillar are facing a lackluster year as equipment sales soften amid lower commodity prices and market uncertainty. Quarterly sales slip for major high and heavy ro/ro manufacturers Journal of Commerce

UK logistics trio acquire supply chain software business The fast-evolving supply chain technology market prompted the global forwarders to take over Forward Computers, which will be run under a joint venture as an independent business. UK logistics trio acquire supply chain software business Journal of Commerce

Bullish fundamentals can’t prevent sharp slide in CMA CGM’s Q1 financials The declines in the carrier’s first-quarter net profit and revenue came despite an almost 12% jump in its container volumes to 5.6 million TEUs. Bullish fundamentals can’t prevent sharp slide in CMA CGM’s Q1 financials Journal of Commerce

DP World’s Centerm project at heart of employer-union dispute in Vancouver The union representing Canada’s West Coast longshore foremen say they are holding off a strike vote while a mediation process takes place with maritime employers. DP World’s Centerm project at heart of employer-union dispute in Vancouver Journal of Commerce

Backhaul demand boosts rates for intra-Asia liners out of India Local industry observers and carrier executives expect Asian import flows into India to remain buoyant, aided by growing demand for raw materials and semi-finished products needed to support domestic industrial production lines. Backhaul demand boosts rates for intra-Asia liners out of India Journal of Commerce

Mid-level US freight recession packs larger truck rate wallop: analyst While the current US freight recession for trucking volumes is rather middling compared to recessions over the last five decades, the severity of the rate decline has been the sharpest and recovery isn’t likely until 2025, writes economist Jason Miller. Mid-level US freight recession packs […]