Maritime: Page 8
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TPM24
Ocean Network Express teases network changes for 2025
The shipping line’s CEO said he expects the maritime industry to settle for four alliances instead of three moving forward.
By Alejandra Carranza • March 6, 2024 -
Port of Virginia to welcome additional larger ships
The East Coast port widened its shipping channel, which is set to reduce port stays for container vessels by up to 15%.
By Alejandra Carranza • March 6, 2024 -
TPM24
Gemini Cooperation unlikely to expand: Hapag-Lloyd CEO
The alliance-like structure with Maersk will include some unique arrangements, but two carriers should be sufficient, the shipping executive said.
By Alejandra Carranza • March 5, 2024 -
CMA CGM to resume Red Sea transit on case-by-case basis
The ocean carrier said it will assess each vessel before transit to make a final decision and can't provide shippers with anticipated routing choices.
By Alejandra Carranza • Feb. 29, 2024 -
Port of Long Beach cargo volumes rise 18% YoY in January
Retailers rushed to fill warehouses ahead of the slowdown that occurs during the Lunar New Year holiday, the port’s CEO Mario Cordero said.
By Alejandra Carranza • Feb. 28, 2024 -
Retrieved from OOCL on February 27, 2024
Ocean Alliance extended for 5 additional years
The operational agreement between CMA CGM, COSCO, OOCL and Evergreen has been extended until 2032.
By Alejandra Carranza • Feb. 27, 2024 -
FMC releases final rule on detention and demurrage
The billing practices from the agency establish which parties can receive an invoice and sets a timeframe for issued invoices and disputes.
By Alejandra Carranza • Feb. 23, 2024 -
Biden administration issues executive order on port cybersecurity
The order attempts to shift more ship-to-shore crane manufacturing to the U.S. amid concerns about cyber risk at port facilities.
By David Jones • Feb. 21, 2024 -
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 -
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 -
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 -
How Flexport improves ocean transit times with machine learning
The technology has helped boost transit times by 20%, CEO Ryan Petersen said at Manifest Vegas 2024.
By Kelly Stroh • Feb. 13, 2024 -
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 -
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 -
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 -
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 -
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 -
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 -
From geopolitics to inflation: 2024’s supply chain trends and risks
Companies are adjusting their strategies at every step of the supply chain to position themselves for success in the year ahead.
By Kelly Stroh • Jan. 31, 2024 -
8 logistics trends to watch in 2024
Risk is sparing no mode of transportation in 2024 as geopolitics, labor talks, freight demand and capacity fluctuations will continue to alter supply chain strategies.
By Larry Avila , Max Garland , Alejandra Carranza , Kelly Stroh • Jan. 30, 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 -
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 -
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 -
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