Category Archives for Industry News

Latest Texas border closures cloud reliability of Mexico-US intermodal service Intermodal marketing companies told the Journal of Commerce they are concerned about their ability to sell rail options to shippers if there is a prolonged closure at Eagle Pass and El Paso. Latest Texas border closures cloud reliability of Mexico-US intermodal service Journal of Commerce

US goal of 30 GW of offshore wind energy by 2030 moving out of reach: analysts The US offshore wind buildout will be a boon for Jones Act vessels in the long run, but current equipment shortages, high costs and the restrictive effects of cabotage laws are hampering initial construction. US goal of 30 GW […]

US goal of 30 GW of offshore wind energy by 2030 slipping out of reach: analysts The US offshore wind buildout will be a boon for Jones Act vessels in the long run, but current equipment shortages, high costs and the restrictive effects of cabotage laws are hampering initial construction. US goal of 30 GW […]

Red Sea rerouting to raise ocean rates, absorb capacity: analysts While moves to send ships around Africa in response to the Red Sea attacks may be driven by safety concerns, the rate hikes that will accompany the emergency action will be welcomed by carriers in the loss-making trade lane. Red Sea rerouting to raise ocean […]

MSC expands Indian container terminal play with Adani Group deal Acquiring a terminal stake at Ennore in southern India builds on MSC’s existing 50:50 terminal joint venture with Adani at Mundra Port. MSC expands Indian container terminal play with Adani Group deal Journal of Commerce

Container lines await Red Sea naval protection as they divert from Suez Expectations that the US Navy will step up maritime protection in the Red Sea following an increasing number of attacks on commercial shipping hasn’t stopped carriers from routing services away from the Suez Canal. Container lines await Red Sea naval protection as they […]

Panama Canal restrictions, Suez attacks kickstart West Coast cargo shift A slower than anticipated shift of cargo back to the West Coast since ratification of the coastwide labor contract could accelerate in the coming months due to restrictions at the Panama Canal and this week’s hostilities involving container ships in the Red Sea, which could […]

Retailers retooling supply chains amid lower demand, excess capacity As conditions normalize, US retailers such as Dollar General are cutting unneeded resources, including temporary warehousing, while reinforcing their core business. Retailers retooling supply chains amid lower demand, excess capacity Journal of Commerce

Jacksonville port area sees record industrial warehouse leasing Retailers and e-commerce merchants leased 3.7 million square feet of warehousing and distribution space near the Port of Jacksonville in the third quarter, a record for Jacksonville’s industrial market. Jacksonville port area sees record industrial warehouse leasing Journal of Commerce

Hapag-Lloyd vessel hit in Red Sea ‘choke point’ The container ship was struck by a projectile while transiting the narrow strait linking the Gulf of Aden and the Red Sea that at barely 13 nautical miles wide leaves vessels vulnerable to attacks by militants on speedboats launched from Yemen. Hapag-Lloyd vessel hit in Red Sea […]