Latest posts about Container Shipping
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Port of New Orleans Secures $230.5 Million in Funding for Expansion
June 14, 2024
The Port of New Orleans will receive $230.5 million from the Louisiana state legislature to fund major infrastructure projects.
CMA CGM Launches New French Peak Service
June 13, 2024
CMA CGM has introduced French Peak Service, adding seven new sailings from China to Europe and the Mediterranean.
U.S.-bound import growth track remains promising, notes Port Tracker report
April 9, 2024
Amid various supply chain issues, United States retail container ports are expected to see imports top the 2-million mark in May for the first time since October, according to the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
FourKites and BuyCo Team Up to Improve Ocean Freight Management
April 4, 2024
FourKites and BuyCo are partnering up to enhance global shipping visibility, efficiency, and sustainability for major shippers.
Port of Baltimore closed indefinitely to ships after 1.6-mile Key Bridge collapses following maritime accident
March 26, 2024
The most severe U.S. bridge collision since the Tampa Skyway Bridge disaster in 1980 happened at 1:30 a.m. Tuesday near Baltimore where a 32,000-ton cargo ship Dali rammed a bridge over the Patapsco River in Baltimore, causing it to collapse. The collapse of the 47-year-old, 1.6-mile Francis Scott Key Bridge has brought ship traffic at the Port of Baltimore, an important East Coast trade hub, to a halt. The port said maritime traffic is suspended “until further notice.”
Container Shipping Market Facing Major Challenge
March 18, 2024
Global container shipping faces overcapacity, driving rates to unsustainable lows and prompting cost-cutting measures.
Tech Investment, Addressing Overcapacity Among 2024 Focus for Global Container Shipper Industry
January 2, 2024
Supply chain professionals in the global container shipping industry expect more technology investment and positive growth in the market in 2024.
A.P. Moller-Maersk, Hapag-Lloyd Halt Commercial Shipping in Red Sea
December 15, 2023
Two global shipping giants, A.P. Moller-Maersk and Hapag-Lloyd, announced on Friday that they are pausing shipping in the Red Sea following continued attacks on commercial ships in the region.
Biden Administration Sets Sights on Supply Chains with $653M Ports’ Investment
November 6, 2023
41 U.S. ports will share in $653 million in new investment from the federal government, the Biden administration announced last week.
Port Everglades: Expansion and Sustainability Efforts for the Future
September 26, 2023
Jonathan Daniels, CEO and Port Director for Port Everglades, joins Michael Levans, Group Editorial Director of Peerless Media’s Supply Chain Group, in a discussion revolving around the port’s continued expansion and sustainability efforts.
Port Everglades: Expansion and Sustainability Efforts for the Future
September 20, 2023
Jonathan Daniels, CEO and Port Director for Port Everglades, joins Michael Levans, Group Editorial Director of Peerless Media’s Supply Chain Group, in a discussion revolving around the port’s continued expansion and sustainability efforts.
Panama Canal Backlog Threatens Holiday Inventories
August 24, 2023
Low water levels have caused a backlog of container vessels at the Panama Canal, and that could impact the ability of businesses to restock inventories in time for the holiday shopping season.
2023 Container Shipping Outlook: This Time is Different
May 24, 2023
The period from mid-2020 to the fourth quarter of 2022 was a high-water mark for the container shipping industry, and with it came unprecedented turmoil, disruption, and prosperity, and that period was, above all, a period of extremes: extreme rate rises, extreme container and labor shortages, extreme delays, extreme congestion, and extreme chaos for exporters and importers alike, this time it's different.
POLA, POLB again push back consideration of container dwell fee to March 25
March 21, 2022
Going back to when the fee was initially rolled out on October 25, POLA and POLB said that the ports have seen a cumulative 62% decline in the amount of aging cargo on their docks, a tally which has trended up going back to the initial announcement of this fee.
Q&A: Port of Oakland Executive Director Danny Wan
March 9, 2022
Logistics Management (LM) Group News Editor Jeff Berman recently spoke with Port of Oakland Executive Director Danny Wan. Wan provided LM’s Berman with a wide overview of various efforts the Port of Oakland is focused on, including: port operations; the import and export outlook, emissions reductions efforts, and port labor, among others.