CMA CGM TO ACQUIRE TWO KEY TERMINALS AT PORT OF NEW YORK AND NEW JERSEY French shipping group CMA CGM will acquire two key container terminals at the Port of New York and New Jersey. The terminals, GCT Bayonne in New Jersey and GCT New York on Staten Island, are currently held by Global Container …
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RAILROAD STRIKES ARE RARE BUT CRIPPLING TO PORTS AND FREIGHT The prospect of a potentially devastating rail workers strike is looming again. Fears of a strike in September 2022 prompted the Biden administration to pull out all the stops to get a deal between railroads and the largest unions representing their employees. That deal hinged …
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LA-LB, NY-NJ AT OR NEAR NORMAL CARGO FLUIDITY: APM TERMINALS The cargo surge that began with the COVID-19 recovery in mid-2020 forced US ports to develop a new playbook to cope with the unprecedented port and inland supply chain congestion that resulted, according to APM Terminals MOBILE’S BREAKBULK DOCKWORKERS TO STRIKE TUESDAY AFTER TALKS HALTED …
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PORT OF SAVANNAH CONTINUES TO OUTPERFORM RELATIVE TO THE NATIONAL MARKET’ Fall has been fruitful for U.S. ports on the East and Gulf coasts but not as bountiful for at least one West Coast gateway. “Customers continue to bring new or expanding business to the Port of Savannah, drawn by our global connectivity and the …
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EAST COAST: – BNSF STRUGGLES PERSIST FOR INTERNATIONAL LOADS IN CHICAGO Congestion continues at BNSF’s Logistics Park Chicago terminal as chassis shortages have led to prolonged turn times for truckers using LPC or other BNSF spill over lots. GULF COAST IMPORT SHARE GAINS TO OUTLAST ILWU NEGOTIATIONS: PORTS The Gulf Coast ports of Houston and …
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NY-NJ PORT, TERMINALS TAKE NEXT STEP IN RAIL TRACK PROJECT The Port of New York and New Jersey and two of its marine terminals are funding further planning on a track project that would mean fewer delays out of the port. HOUSTON APPROVES LONG-DWELL BOX FEES TO PROD SHIPPERS The move to impose fees on …
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