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PORTS BRACE FOR HURRICANE IDALIA 

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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Shipments_RTWlogistics

WEEK 34 MARKET UPDATE

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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WEEK 33 MARKET UPDATE

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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Port_RTW

WEEK 32 MARKET UPDATE

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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Freight Systems

WEEK 31 MARKET UPDATE

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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WORLDWIDE SERVICES

WEEK 30 MARKET UPDATE

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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