SOUTH CAROLINA PORTS REPORT STRONG OCTOBER PERFORMANCE South Carolina Ports (SC Ports) announced impressive performance for the month of October, with container volumes showing signs of recovery and even reaching new record highs. Despite a 9% year-over-year decrease in container volumes, mainly driven by a decline in empty volumes, which fell 27% yoy, loaded import and …
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U.S. CONTAINER IMPORTS CONTINUE TO RISE, OUTPACING PRE-PANDEMIC LEVELS Imports from China increased by 2.3% in October 2023 compared to September, reaching 886,842 TEUs. However, this is still a decrease of 11.6% from the peak in August 2022. China accounted for 38.4% of total U.S. container imports in October, a decrease of 0.9% from September …
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APM TERMINALS AND DP WORLD JOIN FORCES ON CONTAINER HANDLING ELECTRIFICATION APM Terminals, the terminal operating arm of A.P. Moller Maersk, and DP World have announced a joint initiative aimed at expediting the decarbonization of port terminals worldwide through the widespread electrification of container handling equipment (CHE), a critical component of port operations. Recent research …
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PORT OF MONTREAL GETS FEDERAL FUNDING FOR NEW CONTAINER TERMINAL The Government of Canada has announced a significant investment of up to CAD $150 million (US $110 million) to construct a new container terminal at the Port of Montreal in Contrecoeur, Québec. This investment, provided under the National Trade Corridors Fund, aims to enhance the …
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NDIA-US INDAMEX 2 SERVICE DROPS NORFOLK CALL AS DEMAND PRESSURE PERSISTS In a routing reshuffle, the Indamex 2 service (IN2) — touted as the fastest connection between West India and the US East Coast — will be discontinuing direct calls to Norfolk beginning in early November amid a cooling demand environment. Hapag Lloyd and CMA …
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DOCKWORKERS’ UNION ILWU FILES FOR CHAPTER 11 AMID DECADE-LONG LEGAL BATTLE The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers has filed for a chapter 11 bankruptcy protection to resolve a pending litigation with the Oregon affiliate of the International Container Terminal Services Inc (ICTSI). The union has listed its assets and liabilities in …
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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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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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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 …
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DOCKWORKERS DISRUPT US WEST COAST PORTS AS CONTRACT TALKS DRAG ON Dockworkers at Los Angeles and Long Beach ports staged a slowdown late last week, with longshore workers not showing up for their shifts. In the on and off negotiations between the labour and shipping lines/terminals, which have been underway for a year, job actions …
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