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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PORT HOUSTON SEES SURGE IN CONTAINER EXPORTS As U.S. imports continue to come in well below last year’s records, Port Houston has announced that its container exports are surpassing historic volumes seen in 2022, signalling strong growth in the region. Loaded exports, particularly driven by the demand for resin exports, have increased by an impressive …
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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 …
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CROWLEY TO LAUNCH NEW OCEAN-RAIL SERVICE CONNECTING MEXICO, U.S. MIDWEST, AND CANADA US-based maritime and logistics solutions provider Crowley is set to introduce an integrated ocean and rail service linking Mexico, the U.S. Midwest, and Canada. The new service will incorporate Crowley’s new ocean route in the Gulf of Mexico and capitalize on the highly …
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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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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 …
by adminCMA 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 adminPORT 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 …
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