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 …
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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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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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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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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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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, …
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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 …
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NWSA TERMINALS, AG EXPORTERS IN TALKS TO ENSURE EFFICIENT CARGO FLOW Marine terminals at the Northwest Seaport Alliance (NWSA) of Seattle and Tacoma are looking to adjust their receiving hours and gate closures to better accommodate the handling of Asia-bound cargo for agricultural exporters who are facing declining backhaul vessel capacity amid falling import volumes. …
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US AG EXPORTERS FEEL PINCH OF WORK SHIFT CUTS AT WEST COAST TERMINALS Marine terminal operators on the US West Coast are cancelling at least one work shift per week because of declining cargo volumes that are linked directly to the impasse in contract negotiations between employers and the International Longshore and Warehouse Union (ILWU). Longshore …
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ILWU JOB ACTION CAUSING TERMINAL GATE DELAYS IN LOS ANGELES-LONG BEACH: PMA “Significant delays” have hit some marine terminals at the ports of Los Angeles and Long Beach since the middle of last week PMA, which represents terminal employers in the talks that have dragged on for more than 10 months, said longshore workers represented …
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