WEST COAST CONTAINER PORTS REGAIN SOME MARKET SHARE WITH LABOR SITUATION RESOLVED U.S. container import volumes increased slightly in August compared to the previous, consistent pre-pandemic peak season patterns. U.S. container import volumes in August 2023 rose by 0.4% from July 2023, totaling 2,196,268 TEUs. Compared to August 2022, TEU volume decreased by 13.2%, but …
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CMA CGM FINALIZES TERMINALS ACQUISITION AT PORT OF NEW YORK AND NEW JERSEY CMA CGM has closed on its acquisition to acquire two key container terminals at the Port of New York and New Jersey, expanding the French shipping company’s terminal footprint in the United States. CMA CGM announced its intention to acquire the GCT …
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NEW ALL-ELECTRIC CONTAINER CRANES ARRIVE AT PORT OF SAVANNAH Four new Super Post-Panamax ship-to-shore (STS) container cranes arrived at the Port of Savannah. Part of $1.9 billion in infrastructure improvements that will help boost capacity at the port. The addition the cranes will bring Port of Savannah’s fleet to 34 machines at the Garden City …
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PORTS BRACE FOR HURRICANE IDALIA With HURRICANE IDALIA expected to rapidly intensify into a major hurricane before landfall somewhere along the northern Gulf Coast of Florida Wednesday morning, ports in the region are preparing for the arrival of inclement weather. Port Tampa Bay has closed all waterways, but the port’s landside operations remain open to ensure …
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PORT OF NEW YORK AND NEW JERSEY GREEN LIGHTS CMA CGM’S TAKEOVER OF TWO KEY CONTAINER TERMINALS The Port Authority of New York and New Jersey has agreed to amend leases held by Global Container Terminals Inc. (GCT) at two key container terminals in New Jersey and Staten Island, paving the way for French shipping …
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U.S. CONTAINER IMPORTS MIRROR PRE-PANDEMIC LEVELS U.S. container imports climbed more than 5% last month, in-line with more typical peak shipping season levels before the pandemic’s impact on trade, according to the latest global shipping report Despite the volume increase, port transit times in the U.S. remained close to their lowest levels since Descartes began …
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ILWU CANADA VOTES TO ACCEPT PORT LABOR AGREEMENT Dock workers in western Canada voted to accept an improved labour contract after a month-long dispute that affected trade and disrupted operations at the country’s busiest ports. The vote was 74.66% in Favor of the terms of the settlement, the International Longshore, and Warehouse Union (ILWU). Disagreements in …
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COURT DENIES SC PORTS APPEAL OF LEATHERMAN RULING A US appellate court has ruled that the lawsuit filed by the International Longshoremen’s Association (ILA) against ocean carriers that called the Port of Charleston’s Hugh K. Leatherman terminal was a lawful tactic to preserve work traditionally handled by the union’s members. The US Fourth Circuit Court …
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GEORGIA PORTS SET RO/RO RECORD AS CONTAINER VOLUMES SLUMP. The Georgia Ports Authority reported a record Roll-on/Roll-off (Ro/Ro) volumes in FY2023 as container volumes slumped at of Port of Savannah but are still tracking ahead of pre-pandemic volumes. Looking at containers, the Port of Savannah handled 5.4 million TEUs, a decrease of 6.7% from its …
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DEAL REACHED TO END BRITISH COLUMBIA PORT STRIKE A 13-day strike that disrupted shipments at Canada’s western ports is set to end after the dockworkers’ union and a group of employers agreed on a tentative deal. The International Longshore & Warehouse Union, representing more than 7,000 workers, and the British Columbia Maritime Employers Association reached …
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