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Through its acquisition of Ceres container terminal, PSA can make better use of its other terminal in Halifax, the South End Container Terminal, or the Atlantic Hub, which is capable of handling mega-ships.

US Federal Maritime Commissioner Carl Bentzel said China’s dominance in container and chassis manufacturing is the direct result of the Communist government’s support for the sector.

Carriers and analysts warn that higher-than-expected demand and resulting shifts in vessel rotations have made the US East Coast “the next hot spot” for port congestion.

Maersk Supply Service has ordered a new wind turbine installation vessel to build offshore wind projects on the US Atlantic seaboard.

The Senate’s passage of the Ocean Shipping Reform Act of 2022 brings the container shipping industry one step closer to new US regulations affecting container storage fees and the willingness of carriers to accept export cargoes.

A report from McKinsey & Co. says that ocean freight rates will only return to pre-COVID-19 levels if US demand for consumer goods slows and port congestion clears.

West Coast ports and terminal operators say rail container dwell times have exploded of late, bringing back memories of last summer’s rail meltdown that led to congestion problems and equipment shortages throughout the inland supply chain.

Chinese carrier Cosco believes the high-riding container shipping sector will need to navigate a growing series of global challenges that could influence the industry’s long-term performance.

Bonded trucking services in and out of Shanghai’s Pudong have been suspended and most flights have been canceled, bringing operations at China’s busiest cargo airport to a standstill.

Sources close to West Coast labor negotiations say any result is possible — from a contract getting signed with little to no disruption to a meltdown lasting months to any scenario in between.

Shippers are bidding for freight more frequently due to supply volatility, driving growth in European procurement startup Shipsta that has led to a new funding round from investors.

US port executives have told the Federal Maritime Commission that additional information about whose containers are on their docks would go a long way toward clearing congestion.

The pending talks come amid fears from shippers that an impasse could result in further disruption in a market that can ill afford it, with some cargo owners already shifting volumes to the East and Gulf coasts.

The Port of Savannah has received more than half a billion dollars to grow its container and ro-ro capacity and provide options to importers and exporters to relieve pressure on the South Atlantic Chassis Pool.

Spot pricing highs for the eastbound trans-Pacific and truckload rates may be over, but so-called normalization is not around the corner.

project44 is aiming to provide non-traditional customers, like small shippers, consultants, and financial institutions with a high-level port congestion dashboard.

Demand for shipping containers — and very likely prices — are expected to climb again due to a flurry of new container ship deliveries in 2023 and 2024.

Global liner schedule reliability saw an uptick in February thanks to less lengthy delays for ships on the eastbound trans-Pacific to the US West Coast.

Greater network efficiency and profits will be priorities for new FedEx leadership as e-commerce reshapes global markets.

The reluctance to ship China export rail cargo through Russia to Europe is keeping forwarders busy, but the only available options come at a cost.

Import volume from China has been increasing since late last year, and combined with the severely disrupted supply chains is leading to a deteriorating cargo storage situation across Europe.

The Port of Mobile, CSX, and Norfolk Southern have asked that Amtrak be brought to mediation in its year-long petition to resume a passenger rail service along the US Gulf Coast.

Carriers said while Shanghai’s main container terminals at Yangshan and Waigaoqiao remain open, many depots and warehouses are shut, and trucking is severely curtailed.

Shippers need to do a deep dive into freight rates, capacity offered, and schedule reliability if they want to properly understand ocean freight market dynamics as well as their own performance within the market, says JOC analyst Lars Jensen.

The Port of Vancouver CEO issues an urgent plea for development of more terminal capacity on Canada’s West Coast, but terminal operator GCT Canada says conditions are not as dire as the port chief claims.

A new loop from a consortium of carriers linking India and key ports in Asia demonstrates how carriers have been working to keep pace with resurgent export demand out of the country.

Orient Overseas Container Line saw 2021 operating profit increase more than seven times over 2020 as high ocean freight rates offset flat volume growth.

Marine chassis pools are getting tighter after a jump in international intermodal volume from West Coast ports in February, but stakeholders are hopeful of avoiding a repeat of 2021 when BNSF and Union Pacific terminals were overwhelmed with cargo.

Ocean carriers are stepping up efforts to sweep up empty containers that are congesting ports on the US West and East coasts ahead of an expected surge of new imports.

Base US truckload spot rates are falling, but higher fuel costs and market volatility are limiting over-the-road savings for shippers.

XPO’s intermodal division has been sold to STG Logistics, an LCL provider that primarily transloads international cargo in Los Angeles and Long Beach and uses 53-foot intermodal containers to distribute goods across the US.

The US Supreme Court has temporarily blocked a New Jersey law that would allow the state to exit the bi-state police agency charged with investigating criminal activity among longshore labor at the Port of New York and New Jersey.

New complaints to the US Federal Maritime Commission over the alleged failure of carriers to move volumes committed in ocean freight contracts suggests shipper frustration with capacity availability and rates remains high.

Ports on the East and Gulf coasts have increased their share of Asian imports to record levels as shippers and carriers mitigate the risks of West Coast port congestion and potential disruption from upcoming longshore contract negotiations.

BlueX Trade is providing an extended credit product to small shippers and forwarders to help them manage working capital in the wake of historic ocean freight and ancillary fee costs.

MSC has deployed an ad-hoc vessel between India’s Jawaharlal Nehru Port Trust and Mundra Port in a bid to connect shipments hit by vessel skips or schedule changes.

After two incredibly tight years, the availability of truckload equipment and drivers is on the rise in the US, but constraints on capacity growth remain in place.

Analysts agree ports in the Middle East have far more capacity than they need to service current volumes, but opinions are split as to whether demand will eventually catch up to capacity.

ONE chief Jeremey Nixon said he’d seen some improvement in port congestion on the US West Coast, but there is “still a long way to go.”

Norfolk Southern Railway is again restricting container traffic at its Jacksonville terminal, this time after a crane fire earlier this week.