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 …
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
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 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 …
by admin
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 …
by admin
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 …
by adminNS OPENING LOTS IN MEMPHIS TO ADDRESS TERMINAL GRIDLOCK Norfolk Southern Railway opened two auxiliary lots to handle as many as 2,000 ocean containers to relieve the gridlock clogging its main terminal outside Memphis. ILWU SECURITY GUARD LOCAL AUTHORIZES LA-LB STRIKE While the security guard contract is separate from the coastwide longshore deal being negotiated, …
by adminCLASS I RAILROADS, MOBILE PORT GET MORE TIME TO WORK DEAL WITH AMTRAK The US Surface Transportation Board has given CSX, Norfolk Southern, and the Port of Mobile more time to reach an agreement with Amtrak over the restart of a Gulf Coast passenger service. NY-NJ PORT TRUCKERS TEPID ON SATURDAY TERMINAL GATES NY-NJ marine …
by admin
PORT CONGESTION, RAIL CAPACITY CONTINUE TO HAMPER TRADE Backups, delays, and disruptions continued to hamper supply lines this spring, with port congestion and rail capacity affecting the flow of trade nationwide. The Port of Savannah saw its worst vessel congestion levels in more than six months in May, according to recent data from logistics software …
by admin