Baltimore bridge crash involving Maersk-chartered ship shuts port The closure of the fifth-busiest container port on the US East Coast could put pressure on container lines as they divert vessel calls. Baltimore bridge crash involving Maersk-chartered ship shuts port Journal of Commerce
Read More →No timeline for Baltimore port reopening following bridge collapse
on March 26, 2024in Industry News
No timeline for Baltimore port reopening following bridge collapse With the fifth-largest container port on the US East Coast now effectively isolated from waterborne traffic, the collapse of the Francis Scott Key Bridge after it was struck by a container ship will, at least temporarily, reconfigure the region’s supply chain. No timeline for Baltimore port […]
Read More →MPV carrier UAL braces for port asset takeover by Equatorial Guinea
on March 26, 2024in Industry News
MPV carrier UAL braces for port asset takeover by Equatorial Guinea Oil and gas supply chains are in jeopardy as the government of Equatorial Guinea announces that it plans to nationalize a major port asset owned by Netherlands-based UAL Group. MPV carrier UAL braces for port asset takeover by Equatorial Guinea Journal of Commerce
Read More →GPA allocates new funding for Ocean Terminal container expansion
on March 26, 2024in Industry News
GPA allocates new funding for Ocean Terminal container expansion The Georgia Ports Authority is expanding the Port of Savannah’s Ocean Terminal to eventually grow its annual container capacity from 300,000 TEUs to 1.5 million TEUs. GPA allocates new funding for Ocean Terminal container expansion Journal of Commerce
Read More →German rail dispute ends as union strikes deal with Deutsche Bahn
on March 26, 2024in Industry News
German rail dispute ends as union strikes deal with Deutsche Bahn Months of strike action by the union severely disrupted Germany’s rail freight network, with the impact on inland transportation often spilling over the country’s borders. German rail dispute ends as union strikes deal with Deutsche Bahn Journal of Commerce
Read More →Journal of Commerce Rankings: 3PLs struggle with post-pandemic sugar high
on March 26, 2024in Industry News
Journal of Commerce Rankings: 3PLs struggle with post-pandemic sugar high The top end of the global 3PL sector is populated by companies that see a down market as a chance to focus on higher-yield customers and those that see a chance to build market share. Journal of Commerce Rankings: 3PLs struggle with post-pandemic sugar high […]
Read More →Baltimore bridge collision involving Maersk-chartered ship shuts port
on March 26, 2024in Industry News
Baltimore bridge collision involving Maersk-chartered ship shuts port The closure of the fifth-busiest container port on the US East Coast could put pressure on container lines as they divert vessel calls. Baltimore bridge collision involving Maersk-chartered ship shuts port Journal of Commerce
Read More →Vancouver hit by new round of rail congestion amid early year import surge
on March 25, 2024in Industry News
Vancouver hit by new round of rail congestion amid early year import surge The port is struggling to relieve excessive rail container dwells on its docks caused by an unexpected jump in imports and what some stakeholders say is an inadequate supply of railcars. Vancouver hit by new round of rail congestion amid early year […]
Read More →New Maersk facility in Tijuana taps into growing low-value Mexico-US trade
on March 25, 2024in Industry News
New Maersk facility in Tijuana taps into growing low-value Mexico-US trade Maersk is the first container line to publicly promote a direct pipeline of ocean freight to what’s known as Section 321 shipments, though the model has been used for years by freight forwarders. New Maersk facility in Tijuana taps into growing low-value Mexico-US trade […]
Read More →Red Sea diversions keep shipping emissions at ‘dangerously high’ levels: report
on March 25, 2024in Industry News
Red Sea diversions keep shipping emissions at ‘dangerously high’ levels: report Meeting interim emissions benchmarks will be increasingly difficult unless decisive policy action is taken, according to a new report from consultancy AlixPartners. Red Sea diversions keep shipping emissions at ‘dangerously high’ levels: report Journal of Commerce
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