Freight: Page 12
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Retrieved from Ocean Network Express on February 15, 2024
ONE, Wan Hai Lines launch revamped Asia-US West Coast service
The AP1 service is set to start in late spring as import volumes on the popular trade route continue to grow.
By Alejandra Carranza • Feb. 16, 2024 -
Mario Tama via Getty Images
Cargo diversions to West Coast have started, LA port director confirms
Lunar New Year and a strong U.S. economy also contributed to a rise in cargo volumes in January, Gene Seroka said.
By Alejandra Carranza • Feb. 16, 2024 -
Provided by CPKC
CPKC, Bison Transport ink intermodal services agreement
The deal is among several partnerships between segment players to capitalize on growing cross-border shipping traffic.
By Larry Avila • Feb. 15, 2024 -
Sayed Hassan via Getty Images
Retail and apparel groups call for secure travel on the Red Sea
The trade organizations cited rising rates, delays and at least $80 billion in cargo that has been diverted around the region amid attacks.
By Ben Unglesbee • Feb. 14, 2024 -
Courtesy of Jacksonville Port Authority
Primark expands US footprint with Florida distribution center
The fashion retailer is importing cargo through the Jacksonville Port Authority.
By Alejandra Carranza • Feb. 13, 2024 -
Courtesy of ArcBest
ArcBest debuts line of automated forklifts, reach trucks
The company has piloted the remotely operated equipment in customers' distribution centers and manufacturing facilities, CEO Judy McReynolds said in an interview.
By Colin Campbell • Feb. 13, 2024 -
Courtesy of Georgia Ports Authority / Stephen Morton
Georgia Ports see container volumes dip, autos rise in December
Savannah’s port processed 422,287 total TEUs while the Port of Brunswick had a record year for auto units.
By Alejandra Carranza • Feb. 12, 2024 -
Permission granted by Federal Maritime Commission
FMC urged to evaluate surcharges amid Red Sea crisis
During a hearing last week, shipper groups also asked the federal agency to consider taking action before congestion and potential equipment challenges unfold.
By Alejandra Carranza • Feb. 9, 2024 -
Spencer Platt via Getty Images
Port of New York and New Jersey cargo volumes rise 3% YoY in December
The East Coast ports processed 633,925 total TEUs and were the second-busiest in the nation for loaded containers.
By Alejandra Carranza • Feb. 9, 2024 -
Sayed Hassan via Getty Images
Red Sea disruptions may drive port congestion, inflation
Risks to the U.S. economy grow as the crisis prolongs, experts told a House committee.
By Alejandra Carranza • Feb. 2, 2024 -
Retrieved from Port Houston on September 20, 2023
Port Houston cargo volumes rise 11% YoY in December
The port processed its highest December on record for loaded exports.
By Alejandra Carranza • Feb. 2, 2024 -
Courtesy of The Port of Virginia/Aerophoto America
Port of Virginia cargo volumes dip 2% in December
Containers have now declined for nearly a year at the port, though volumes remain significantly higher than 2019.
By Alejandra Carranza • Feb. 1, 2024 -
Courtesy of South Carolina Ports Authority
Railroads target safety, service improvements to lure shippers in 2024
Boosting network efficiency is a key step in convincing shippers to shift their freight to intermodal, rail executives said.
By Larry Avila • Jan. 31, 2024 -
Retrieved from South Carolina Ports Authority/Marion Bull on September 29, 2023
South Carolina Ports Authority cargo volumes dip 4% in December YoY
While YoY volumes are down, containers moved inland by rail are back up to pre-pandemic levels, according to a release from the port.
By Alejandra Carranza • Jan. 31, 2024 -
Frank Polich/Getty via Getty Images
UPS considers sale of Coyote Logistics truckload brokerage
“Perhaps the business is worth more to someone else,” CEO Carol Tomé said on a Q4 earnings call.
By David Taube • Jan. 31, 2024 -
Retrieved from Northwest Seaport Alliance on September 20, 2023
Auto volumes surge at Northwest Seaport Alliance during 2023
The ports of Seattle and Tacoma also handled more international containers in December.
By Alejandra Carranza • Jan. 30, 2024 -
Andrey Deryabin via Getty Images
The critical need for dangerous goods compliance
Education, resources and regulatory support can help shippers avoid fines and other penalties.
By Kelly Stroh • Jan. 29, 2024 -
Justin Sullivan via Getty Images
Port of Oakland cargo volumes rise 8% YoY in December
The port benefited from increased vessel traffic to the U.S. West Coast as carriers reroute from the Panama Canal.
By Alejandra Carranza • Jan. 26, 2024 -
Mario Tama via Getty Images
Port of Long Beach cargo volumes rise 30% YoY in December
The strong end to the year comes as the port is “laying the tracks” to prepare for increased rail demand from shippers.
By Alejandra Carranza • Jan. 25, 2024 -
Mario Tama via Getty Images
West Coast ports snag market share from rivals, Los Angeles port chief says
More normal cargo volume levels are expected for 2024, according to Executive Director Gene Seroka.
By Alejandra Carranza • Jan. 24, 2024 -
Marina 113 via Getty Images
In Panama Canal droughts, CPKC sees intermodal opportunity
As extreme conditions limit shipments through the waterway, the Panama Canal Railway is a viable alternative to keep containers moving, CPKC President and CEO Keith Creel said.
By Larry Avila • Jan. 24, 2024 -
Retrieved from Port Everglades on October 02, 2023
Port Everglades cargo volumes rise 3% YoY in November
The ports processed a total of 83,878 total TEUs, reflecting the first YoY increase for the fiscal year.
By Alejandra Carranza • Jan. 23, 2024 -
IgorSPb via Getty Images
Red Sea crisis leaves some retailers more exposed than others
Hardline retailers such as Wayfair, Best Buy, Beyond Inc. and RH could be most affected, according a Jefferies analysis.
By Ben Unglesbee • Jan. 18, 2024 -
Gregor Fischer via Getty Images
Maersk, Hapag-Lloyd to form operating partnership after 2M alliance ends
The agreement between the two shipping giants will start February 2025 and has a target of 90% schedule reliability.
By Alejandra Carranza • Jan. 17, 2024 -
Retrieved from Port Houston on September 20, 2023
Port Houston cargo volumes dip 15% YoY in November
Despite the drop, total containers processed increased significantly from pre-pandemic levels.
By Alejandra Carranza • Jan. 16, 2024
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