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 …
by admin 
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 …
by admin 
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 …
by admin 
CALIFORNIA AWARDS $1.5 BILLION FOR PORT INFRASTRUCTURE UPGRADES California Governor Gavin Newsom announced an investment of over $1.5 billion for building a more efficient, sustainable, and resilient supply chain, including $450 million for zero-emission infrastructure, locomotives, vessels, and vehicles. “No other state has a supply chain as critical to the national and global economy as …
by admin 
PORT OF LOS ANGELES KEEPING A CLOSE EYE ON LABOR TALKS AS CARGO VOLUMES GAIN FOR A THIRD MONTH Cargo volumes at the Port of Los Angeles increased for the third consecutive month in May but continue to track below pre pandemic numbers amid protracted West Coast labour negotiations and uncertainty in the economy. The …
by admin 
SOUTH CAROLINA PORTS SEE UPSWING IN CARGO VOLUMES, STRENGTHENING SOUTHEAST MARKET South Carolina’s ports have witnessed an upswing in cargo volumes during the month of April. During April, SC Ports successfully moved 214,101 TEUs and 119,572 pier containers, encompassing containers of all sizes. While these figures represent a 19% decline compared to the previous year, …
by admin 
CONTAINER VOLUMES AT PORT OF LOS ANGELES RISE FOR SECOND STRAIGHT MONTH, BUT PACE LAGGING PRE-PANDEMIC Container volumes at the Port of Los Angeles showed improvement for the second consecutive month in April, although they continue to lag behind pre-pandemic levels. In April, the Port of Los Angeles processed 688,110 twenty-foot equivalent units (TEUs), a …
by admin 
US RETAIL IMPORTS EXPECTED TO REMAIN BELOW 2022 U.S. ports are seeing a rise in import cargo volume after a near three-year low in February, according to the Global Port Tracker report released on Monday by the National Retail Federation and Hackett Associates. However, the report also forecasts that import volumes will remain well below …
by admin CMA CGM REVAMPS US-LATIN AMERICA NETWORK AMID TRANSHIPMENT DELAYS CMA CGM will reconfigure its current services connecting the US Gulf with Brazil in November and commence a new string between the US East Coast and West Coast of South America in December. CONGESTION EASING AT BNSF ST. LOUIS, FORT WORTH TERMINALS BNSF Railway has lowered …
by admin PORT OF NEW YORK MOVES AHEAD WITH NEW THRESHOLD FOR EMPTY CONTAINER FEE ON OCEAN CARRIERS The Port of New York and New Jersey is moving ahead with new shipping container requirements for ocean carriers and fees for violations. The container late fee, which was originally to be implemented on Sept. 1, was delayed allowing …
by admin