DOCKWORKERS’ UNION ILWU FILES FOR CHAPTER 11 AMID DECADE-LONG LEGAL BATTLE The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers has filed for a chapter 11 bankruptcy protection to resolve a pending litigation with the Oregon affiliate of the International Container Terminal Services Inc (ICTSI). The union has listed its assets and liabilities in …
CONTAINERS FALL AS RO-RO AND RAIL VOLUMES RISE AT PORT OF SAVANNAH The Port of Savannah handled 413,300 TEUs in August, down 28 percent from August 2022, the Georgia Ports Authority’s busiest month on record. However, Roll-on/Roll-off cargo saw an 8% increase, and rail volumes increased by 6%. The Georgia Ports Authority’s “Mega rail” terminal …
GPA-SPONSORED TRANSLOAD FACILITY OPENS IN SAVANNAH NFI Industries has opened a transloading facility adjacent to the Garden City Terminal at the Port of Savannah which, while not the first such location near the port, is unique because it does not require drayage drivers or chassis and will be dual served by the Georgia Ports Authority …
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 …
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 …
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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