This week: Container volumes at Georgia Ports fell 7.6% year over year in September, although auto and machinery volumes saw a significant jump. The South Korean carrier HMM announced that revenue fell 58% year over year during an early November earnings report....
This week: Shipments from Asia to the U.S. West Coast saw an increase in on-time performance in September. Maersk CEO Vincent Clerc warned that the carrier company faced a “pretty dire situation” amid job cuts. The National Retail Federation said they expect U.S....
This week: The Georgia Ports Authority filed an amicus brief with the U.S. Supreme Court to try to overturn a recent ruling in favor of the International Longshoremen’s Association. With e-commerce demand outpacing passenger flights, the China to North America trade...
This week: U.S. Gulf Coast ports are successfully navigating the downturn in container imports through specialized equipment imports and raw material exports. On the India-U.S. trade lane, carrier rates have dropped significantly since the end of September. The...
This week: The Port of New York and New Jersey is expected to significantly increase its number of cranes that have the ability to handle ultra-large container ships. Norfolk Southern Railway announced in early October that it would accept more ocean containers at its...
This week: With aspects of zero-admissions mandates approaching, drayage operators in California say that adequate charging infrastructure is the key. In late September, the ports of Los Angeles, Long Beach and Shanghai announced the first-ever green shipping...